{"id":211179,"date":"2018-06-13T18:17:26","date_gmt":"2018-06-13T08:17:26","guid":{"rendered":"https:\/\/southburnett.com.au\/news2\/?p=211179"},"modified":"2020-09-24T11:46:08","modified_gmt":"2020-09-24T01:46:08","slug":"power-prices-a-hidden-tax","status":"publish","type":"post","link":"https:\/\/southburnett.com.au\/news2\/2018\/06\/13\/power-prices-a-hidden-tax\/","title":{"rendered":"Power Prices ‘A Hidden Tax’"},"content":{"rendered":"
\"\"<\/a>
Shadow Energy Minister
Michael Hart<\/figcaption><\/figure>\n

June 13, 2018<\/strong><\/p>\n

The LNP Opposition says this week’s State Budget has confirmed the government is using electricity prices as a secret tax on Queenslanders.<\/p>\n

Shadow Energy Minister Michael Hart said government-owned power generators were raking in massive profits on the back of higher electricity prices.<\/p>\n

\u201cLast year, Labor\u2019s budgeted generator income was $482 million for 2016-17,\u201d Mr Hart said.<\/p>\n

\u201cToday, it was revealed they really made $1.241 billion.\u00a0Labor charged $759m more than they said they would.<\/strong><\/p>\n

\u201cIf that\u2019s not a hidden tax I don\u2019t know what is.<\/p>\n

\u201cLabor\u2019s record profits forecast last year are set to increase again with a further $492 million in dividends to be added over the next four years.<\/p>\n

\u201cThe LNP has a plan to restructure these government-owned generators from two to three, increasing competition and lowering electricity prices.<\/p>\n

\u201cThis would save Queensland families $50 a year.<\/p>\n

\u201cMeanwhile the Palaszczuk Government will continue to rip $1.7 billion in super-profits from these government-owned generators over the next four years, hurting all Queenslanders in the process.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

The LNP Opposition says this week’s State Budget has confirmed the government is using electricity prices as a secret tax on Queenslanders.<\/p>\n","protected":false},"author":20,"featured_media":278274,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5,3],"tags":[],"yoast_head":"\nPower Prices 'A Hidden Tax' - southburnett.com.au<\/title>\n<meta name=\"description\" content=\"The LNP Opposition says this week's State Budget has confirmed the government is using electricity prices as a secret tax on Queenslanders.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/southburnett.com.au\/news2\/2018\/06\/13\/power-prices-a-hidden-tax\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Power Prices 'A Hidden Tax' - 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