Canberra, May 26 (IANS) Australia’s energy regulator said that electricity prices will fall for most households and small businesses on regulated default plans from July 1, reflecting easing costs across the power sector.The Australian Energy Regulator (AER) said its final Default Market Offer (DMO) for 2026-27 would cut residential electricity prices by between 3.4 per cent and 5 per cent in the state of New South Wales and by 7.2 per cent in the southeast state of Queensland, while the state o…
Latest Australian Energy Regulator News & Updates
Canberra, March 19 (IANS) Australian Prime Minister Anthony Albanese on Thursday announced that the federal government has established a fuel security task force amid the ongoing conflict in the Middle East.Speaking after meeting with state and territory leaders on Thursday morning, Albanese told reporters that the government is doing “all that it can” to secure Australia’s fuel supply.”I want to assure Australians at this time that Australia is well prepared. Our fuel supply is currently secure…