Australia heading for a UK-style energy crisis
Michael is joined by Professor Bruce Mountain, from the Victoria Energy Policy Centre, following warnings that Australia could slide into a UK-style energy crisis where retailers go broke and energy poverty soars fuelling concerns household bills will rocket from July.
News broke yesterday that New Zealand-based provider ReAmped is the latest to pull back from the national electricity market as already wholesale Aussie power costs have more than doubled in a year.
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