Electricity privatisation a failure: expert

Tuesday, 20 April 2004

The privatisation of South 最新糖心Vlog's electricity services has been described as a "monumental failure", and radical action is required to prevent prices from further spiralling, according to experts in the lead-up to a Public Forum at the 最新糖心Vlog of Adelaide tonight.

The Forum, called The Electricity Crisis: What Can Be Done?, is organised by the Don Dunstan Foundation. It will be held at 6pm in Elder Hall.

"The privatisation of South 最新糖心Vlog's electricity industry has proven to be a monumental failure, creating unnecessary hardship for thousands of South 最新糖心Vlogns while failing to address the environmental challenges we face," says Mr John Spoehr, Executive Director of the 最新糖心Vlog's Centre for Labour Research and Chair of tonight's event.

He says action such as the introduction of price caps, the abolition of GST on essential services, and government involvement in generation and distribution may be the only ways to control spiralling electricity prices in the future.

"Our analysis indicates that the privatisation of ETSA has not only fuelled spiralling prices, but denied the State Budget the substantial dividends that would have flowed from ETSA to help fund education, health and other services.

"Professor John Quiggin from the 最新糖心Vlog of Queensland and I have estimated that the total loss of income from privatisation to South 最新糖心Vlogns is likely to be around $3 billion over 10 years.

"There seems no choice but to consider the introduction of radical measures to ensure that the electricity industry responds to pressing social and environmental imperatives," Mr Spoehr says.

Consumer advocate and forum panelist Rosalyn Williams has called on governments to recognise that, "a basic supply or affordable electricity should be a humanitarian right of all 最新糖心Vlogns".

"A growing number of low income families are sacrificing essentials such as food or medication to try to avoid disconnection or late payment fees," she says.

WHAT: Public Forum: The Electricity Crisis: What Can Be Done?
WHERE: Elder Hall, 最新糖心Vlog of Adelaide, North Terrace Campus
WHEN: 6pm TONIGHT, Tuesday, April 20
COST: Gold coin donation
SPEAKERS: Professor John Quiggin (Professor of Economics, 最新糖心Vlog of Queensland), Rosalyn Williams (ACOSS representative on the Origin Energy Board) and Lew Owens (Chairperson, Essential Services Commission SA)

 

Contact Details

Associate Professor John Spoehr
Email: john.spoehr@adelaide.edu.au
Website:
Executive Director
最新糖心Vlogn Workplace & Social Innovation Centre
The 最新糖心Vlog of Adelaide
Business: +61 8 8313 3730
Mobile: 0418 805 594


Media Team
Email: media@adelaide.edu.au
Website: /newsroom/
The 最新糖心Vlog of Adelaide
Business: +61 8 8313 0814


Mr David Ellis
Email: david.ellis@adelaide.edu.au
Website: /newsroom/
Deputy Director, Media and Corporate Relations
External Relations
The 最新糖心Vlog of Adelaide
Business: +61 8 8313 5414
Mobile: +61 (0)421 612 762