Australia’s top economists have overwhelmingly endorsed intervention to restrain gas and electricity prices, with only three of the 47 leading economists surveyed believing the best thing the government can do is to leave things to the market.
The 47 economists surveyed are members of a panel selected by a committee of the Economic Society of Australia for its expertise in fields including public policy and economic modelling. Among its members are former Reserve Bank, Treasury and OECD officials, and a former member of the Reserve Bank board.
