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Business Services Industry

Review urged as price of power cripples business.

Australasian Business Intelligence,  May, 2007  

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Byline: Duncan Hughes

May 13, 2007 (The Australian Financial Review - ABIX via COMTEX) -- The Energy Users Association (EUA) has begun lobbying the Australian Government over the high price of electricity. The impact of the drought and maintenance outages have resulted in monthly average spot prices tripling, on average. EUA executive director, Roman Domanski, says the situation is threatening the viability of some of his members. The EUA has also contacted the Reserve Bank of Australia, saying that the increases will raise the CPI by ...

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