It said the current lack of competition in the market raises “real concerns”, because the national electricity market was predicated on competitive markets. It noted the Turnbull government’s as-yet unresolved position on the clean energy target recommended by the chief scientist Alan Finkel. Labor warned the government on Sunday not to ditch Finkel’s clean energy target. The shadow climate change minister, Mark Butler, said the loss of the clean energy target meant there was little prospect of bipartisan agreement on energy policy between the major parties. Butler declared if the prime minister dumped the clean energy target, “then he won’t get the support of the Labor party”.

Source: The Guardian October 15, 2017 16:52 UTC