Queenslanders prepare for power price hikes under Labor

Queensland households are bracing for higher power bills after Premier Annastacia Palaszczuk yesterday admitted that Labor’s electricity merger would proceed even if it meant increased costs to consumers.

Despite vowing not to “do anything… to cause any disruption to Queensland families” Ms Palaszczuk has now said that the government would not do anything “to cause any massive price rises to electricity.”

Shadow Treasurer John-Paul Langbroek the Premier had gone back on her word and appeared to be just making it up as she went.

“In less than a week, Annastacia Palaszczuk has changed her tune on electricity prices,” he said.

“This is just like the asset sales backflip from a few weeks ago – Labor went from not selling assets to not selling ‘major’ assets and now there won’t be ‘massive’ price rises. It’s bordering on the ridiculous.

“Labor’s ‘answer to everything’ scheme to merge electricity companies in an attempt save a buck is only going to hurt the hip pockets of hard working Queenslanders.”

Mr Langbroek said Labor had form when it came to increasing power prices.

“Electricity prices skyrocketed under both the Beattie and Bligh Governments and it looks like it’ll be more of the same under the Palaszczuk Government,” he said.

Last week, the Australian Competition and Consumer Commission (ACCC) expressed concerns around merging Stanwell and CS energy, warning the move would “affect competition” and ultimately “increase the cost of generation that can flow through to the consumer.”

“This is an ill-conceived idea, that was made up on the run and it’s going to cost households and businesses dearly,” Mr Langbroek said.

“Queenslanders deserve better than a shambolic Labor government that refuses to listen.”

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