ACCC electricity supply and prices report

“The competition watchdog’s report is a damning indictment on the energy policies of successive Labor governments in Queensland.

“The ACCC confirms the Palaszczuk Labor Government used the state-owned generators as a secret tax collector.

“Labor’s merge of three state-owned generators into two has driven up electricity prices, according to the report.

“The LNP’s plan to restructure government-owned power generators from two to three entities is endorsed by the ACCC report.

“However the LNP has ruled out any sales proposed by the ACCC.

“We believe by splitting the government-owned generators competition can be maintained while keeping these generators in public ownership.

“The ACCC is also scathing of the gold-plating of the network by the Bligh Government and recommended a voluntary RAB write-down in Queensland with Australian Government assistance – a policy we took to the last election.

“There are no more excuses for Labor now. The report recommends reform and recommends the LNP’s policies.

“Annastacia Palaszczuk needs to swallow her pride and adopt the LNP’s policies or energy prices will remain high.”

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