ACCC: new regular reporting on prices, profits and margins in the NEM

“The Federal Government has directed the Australian Competition and Consumer Commission (ACCC) to monitor and report on prices, profits and margins in the supply of electricity in the National Electricity Market.

The first report is due to government by 31 March 2019, with reporting to continue at least every six months until 2025.

The formal Government direction enables the ACCC to use its information gathering powers, meaning electricity providers are legally required to provide the ACCC with information relating to the inquiry.”

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