Nats want bigger stick
The Federal Government will soon attempt to pass its ‘big stick’ energy laws.
Prime Minister Scott Morrison’s majority government is preparing to steer the package through the lower house, but it may face some amendments.
The bill allows the government to break up energy companies that engage in price gouging.
The Centre Alliance is expected to raise amendments that would expand the powers, allowing the government to break up any big companies in any sector.
“I certainly support extending divestiture powers, particularly into areas like the supermarket duopoly, which we know has been detrimental to regional producers for a very long time,” said Nationals MP Keith Pitt.
Energy minster Angus Taylor says the “big stick” package will return for consideration when the new parliament reconvenes in July.