4BC - Fairfax Radio Network

What we're talking about

  • James W on "Oh, Where's the feeling?" mick, even David T agrees that my comment was sensible, it got him talking again. more
  • Gordon Heelan on Save Brisbane's history Do you think the Bonded Store Buildings should be saved and heritage listed?Yes I do as history is a important part of our ... more
  • Bob Lord on Electricity savings on way So the plan is to increase the risk of blackouts because people aren't prepared to pay for the excellent electricity service ... more
  • Bob Lord on “$80 billion black cloud" Major infrastructure investment occurring in Qld over the past few years before LNP according to the Commission of Audit:1. ... more
  • Gus Nathan on Vale, Haydn Sargent Really sad to learn of Hayden Sargent's passing away. Ever since our arrival in Australia in 1975, we tuned to 4 BC daily ... more
  • David T. on "Oh, Where's the feeling?" Yes James, I'm waiting for you to say something sensible. more
  • James W on “$80 billion black cloud" So the $4Bn per year we pay in interest could pay for so many schools, so many klms of roads and so many hospitals. What do ... more
  • James W on "Oh, Where's the feeling?" mick, AUstralia had never had AAA from all 3 major ratings agencies before Rudd was PM, FACT. more
  • Warren on Live webcam over Brisbane River. I would like to use your webcam. Seeing what you and your guests look like in the studio adds enjoyment to listening to ... more
  • mick on Colmslie saves it's Fish Factory Khushdeep ring Rudd's missus she is supposed to be the guru in placing people into jobs at a great expense to the taxpayer. more
  • mick on "Oh, Where's the feeling?" the recent state labor governments are the ones who have lost the aaa ratings in recent years. In Fact the most Triple A ... more
  • mick on Obesity a personal issue? Jack2967 obesity in itself can be the symptom of many other chronic illnesses and the result of medications used to treat ... more
  • Where is it? on LIVE NRL returns to 4BC What's happened to Fresh on Sunday? Disappeared when the CCT returned. Are you going to put it on at a different time?Would ... more
  • victor Madison on Promising signs for HIV cure I want to say hello to the world at large, I am very grateful for the good deeds DR.OGODOMEN did for me, I was a HIV ... more
  • Elisa Jed on MiniMovers fleet sabotaged Did they find the person that sabotaged the moving trucks? This is definitely a hard time to lose so many trucks. I think ... more
  • Annie Johnston on Boland back for Brisbane Warren, it is so good to see you are back on the radio. 4BCs gain is ABC's loss. And what a loss it is! Your league of ... more
  • Steve Yeppoon on Boland back for Brisbane Driving out to work this morning and planning to listen to Warren for the 3 hour drive. Disappointed to learn Warrens not on ... more
  • James W on "Oh, Where's the feeling?" Gone quite quiet again David T. more
  • Bob Lord on Mobile tech leading way Ah. Just a little. Currently 2 smartphones, 2 tablets and a laptop make use of a cable broadband, home wifi and a portable ... more
  • kerry jacques on Boland back for Brisbane I likewise , loved Saturday Mornings with Warren , just the variety of his programme was excellent , come on 4bc , move it ... more

Energy laws: stifling

Posted by: Staff writers | 19 December, 2012 - 4:12 PM
Origin Energy

4BC News: Queensland's biggest energy provider has sent a warning to consumers and the Newman government after a court threw out its challenge to the state's electricity prize freeze.

The Supreme Court in Brisbane on Wednesday dismissed Origin Energy's action against the 2012/2013 electricity price set by the Queensland Competition Authority (QCA).

Lawyers for the company had argued the figure was too low and didn't reflect the actual cost of producing and supplying electricity.

Origin managing director Grant King said the company would not appeal the decision, but Origin was determined to seek "a transparent framework" for setting electricity tariffs.

He warned the existing regulatory framework risked "the long-term viability and competitiveness" of Queensland's electricity sector.

"(It) will ultimately lessen competition for consumers and stifle future investment in electricity generation," he said in a statement.

The decision underlined the importance of energy market reforms currently being discussed by the Council of Australian Governments (COAG), Mr King added.

Energy Minister Mark McArdle said the decision was good news for Queensland families.

"It means there will be no increase to the regulated prices set by the QCA for 2012/13," he said in a statement.

The Newman government announced in April it would freeze electricity prices for 12 months from July 2012 on the back of an election promise to keep the cost of living down.

Origin at first increased its household tariffs above the fixed price in a move that would have cost many consumers an extra $400 per year.

The company eventually bowed to pressure and reduced its rates, before launching the legal challenge which was heard on December 3 and 4 this year.

Blog comments Your Say

  • the long-term viability and competitiveness of the electricity supply industry is at stake!

    Good, great, because it is this competitiveness that was supposed to lower electricity, and it has n=been on the increase ever since Peter Beattie set it loose on us.

    BELLA Thursday 20 December, 2012 - 5:26 AM

Post a comment * Mandatory fields