Assistant Treasurer Stephen Jones says companies are “making record profits” at the same time Australians are “paying record prices for their electricity”.
“Don’t begrudge a profit, a reasonable profit for the companies, but we’ve got to ensure that when we’re going through an energy emergency as we are at the moment, that households and domestic businesses are protected,” he told Sky News Australia.
“I’m concerned about the risk to local manufacturers, the risk to local small businesses and the risk to households that they go under because of exorbitant energy prices going through the roof.”
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: