Australia politics live: energy minister asks regulator to investigate big jump in power companies’ supply fees | Australia news

Australia politics live: energy minister asks regulator to investigate big jump in power companies’ supply fees | Australia news


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Bowen asks regulator to investigate big jump in power companies’ supply fees

Chris Bowen has asked energy retailers to explain why some of their prices are going up from 1 July when they’re supposed to go the other way, under the latest default market offer.

What’s the DMO? Have a read here.

But long story short, households in most parts of the country are supposed to see prices fall up to 10%, according to the Australian Energy Regulator’s final offer for 2026-27.

The energy minister says that not all companies have to apply the default market offer to their prices, but he’s referred retailers to the Australian competition and consumer commission (ACCC) to look for any misconduct where those prices should be coming down.

double quotation markCompanies have to comply with the default market offer for their relevant default offers, but they don’t have to apply it to all their market offers. We’ve seen some companies, not all, far from it, choose to increase their fixed supply costs while reducing their per-kilowatt hour costs.

What I’ve asked the regulators to do is look at that and ensure it complies, particularly with the prohibited misconduct provisions in energy market laws, which require companies to pass on sustained reductions in energy costs through their bills.

I understand these fixed-cost increases have caused a lot of concern. People have raised them with me, quite rightly, and I’ve raised them with energy companies.

Energy minister Chris Bowen. Photograph: Mick Tsikas/AAP
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Pocock criticises government secrecy over AI copyright deliberations

David Pocock is sounding the alarm after receiving information from a whistleblower that the government could consider changing copyright laws to allow tech giants to mine Australian data to train AI models.

Pocock said – according to the whistleblower – there are two submissions going to cabinet, one which would allow an exemption for data mining, and the other which would enforce a licensing arrangement.

The independent Senator tells Sky News the tech companies want to mine data from Australian artists, authors and journalists, in exchange for billions of dollars of investment in data centres.

double quotation mark[I] got, I think, pretty solid information that there are 2 different submissions going to cabinet. One is a full out exception, a text and data mining exception. They’re basically exempt. Go for it. Don’t worry about copyright.

The other option is some sort of extension of copyright where there’s a licensing arrangement, which, you know, I think, depending on how it’s done, artists and others could come round to it, if it was on fair terms, and you could actually negotiate your copyright.

The thing I take exception to is there’s just so much secrecy with this government. Why aren’t we having this conversation with the rights holders themselves? This is their copyright. They should have a place at the table.



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