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The New Daily
The New Daily
Business
James Robertson

Government’s own maths says runaway energy bills about to get much worse – why not act?

Natural gas prices on the international market are now shaping Australia's.

The government’s own stats on energy prices are sending a clear signal: soaring household bills will soon get much worse – and increases of up to 40 per cent might not be the worst of it.

That reflects the mounting cost of government inaction on runaway energy prices, a policy expert says, despite options for regulation such as a tax on the windfall profits of gas companies.

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