Australian Economy Australian LNG Australian Politics

Measuring the energy shock carnage

Friday, 7 April 2017

UBS has a go at it today:

Executive Summary – Electricity & Gas Prices Surging

We believe energy prices (both electricity and gas) are highly likely to undergo sustained upward pressure across the eastern states (SA, VIC, NSW and QLD) over the next few years. Both the business and household sectors look set to endure significant increases in their energy costs.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.