“Power prices are going up”, shadow treasurer Jim Chalmers declared last week. But according to energy minister Angus Taylor, “No one’s household power prices have gone up.” So who is right?
With the cost of living at forefront of the election campaign, the competing claims of the government and opposition are over a report showing wholesale electricity prices in Australia’s National Electricity Market surged 67% in the first three months of 2022, and by 141% in the year to the end of March.
