Electricity is essential to modern life. It heats and cools our homes, cooks our food and allows us to connect with people all over the world. Electricity prices in Australia were amongst the cheapest and amongst the highest in the world. This is largely due to government intervention in the energy market favouring particular types of energy generation with consumer-funded subsidies and renewable energy targets.
The Liberal Democrats believe that Australian electricity prices are simply a rip-off. Recently, we released our alternative budget which proposed removing GST from electricity bills as a first step in easing the cost of this essential service.