Few subjects stir consumer passions like rising electricity bills. With power prices more than doubling after inflation over the past 10 years, that’s hardly surprising.
In this episode, the team dissects what has caused the surge in electricity costs.
Hosts Jessica Irvine and Matt Wade are joined by two of Australia's leading commentators – economics editor of The Sydney Morning Herald, Ross Gittins, and economics editor of The Age, Peter Martin – to investigate. They explain how each of the three main components your electricity bill have put upward pressure on prices: electricity generation, the cost of the poles and wires and the margins electricity retailers are able to charge.
Stay tuned for the regular bad economics segment when Ross Gittins puts the boot into politicians for getting their "economics around the wrong way" when they talk about the cost of living.
Got a question of your own? Email us at italladdsup@fairfaxmedia.com.au, tweet using the hashtag #italladdsup or call the podcast hotline on 02 9282 1632 to leave a message.
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