Victorians reach for candles as energy price relief too late

Monday, 27 February 2023

Some price relief is resuming in the National Electricity Market. Some of it is weather-related but fuel price caps may be weighing more over time:

Futures prices have broken down too:

There is some support for the ADGSM reforms:

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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.