Premier risks referral to ACCC for price gouging


Shadow Minister for Energy, the Environment and Climate Change, Luke Foley today accused Premier O'Farrell of continuing to mislead the public on the impact of carbon pricing – and will refer the Premier to the ACCC if he increases electricity bills and tries to blame it on the carbon tax.

"Premier O'Farrell has continued with his outlandish claims, today alleging electricity prices will go up by 14 to 20 per cent," Mr Foley said.

"Federal Treasury modelling states the impact of carbon pricing will be 10 per cent or $3.30 per week for the average household.

"If Barry O'Farrell wants to cast aside the Independent Price Regulator to increase electricity prices and try to blame it on the carbon tax, I will personally refer him to the ACCC for price gouging.

"The ACCC will now have a dedicated team to take on any business which makes false and misleading claims about the impact of the carbon price on the prices it charges its customers.

"The ACCC's first investigation should be into Mr O'Farrell's false and misleading claims.

"Mr O'Farrell is making no mention of the generous compensation available to households to assist with the transition to carbon pricing - and this compensation will be permanent.

"Nine in 10 households will receive Commonwealth Government assistance to meet the impact of carbon pricing.

"It was only two weeks ago that Barry O'Farrell whacked NSW households with his own 18 per cent increase to electricity bills, without his promised rebate for families.

"Barry O'Farrell personally passed on an average electricity price rise of over $230 this financial year.

"Today's sham modelling confirms that Mr O'Farrell will say anything in order to gain political advantage. He invented a budget black hole on his first day as Premier, now he's lying about the impact of the carbon price."