Home / Knowledge / News / Textiles / Aussie industry up in arms over spiraling energy rates
Aussie industry up in arms over spiraling energy rates
21
Aug '13
The Queensland Farmers’ Federation and Cotton Australia have gathered industry bodies across a number of sectors to find a solution to escalating energy prices, which have been rising rapidly for more than a decade.

The forum, Electricity Price Reform – A Common Approach, was held in Brisbane on August 20 and heard about the technical issues behind energy price increases and their impacts on the agriculture, manufacturing and household sectors.

Specialist energy economist Bruce Mountain (Carbon Market Economics) also detailed market drivers behind energy price rises over the past 10 years. Australian electricity prices are now among the highest in the world and are 4-5 times the price of similar countries. The expansion of the regulated asset base has been the key driver for price increases.

“Industry bodies across Australia are enormously concerned about this issue, and are working hard on finding solutions to manage it,” says Cotton Australia Policy Manager for Queensland and Water, Michael Murray.

“The forum brought together participants from industry bodies in agriculture and irrigation, business and community sectors to develop a coordinated effort and plan to introduce much-needed reform to arrest the alarming rise in energy prices.”

Queensland Farmers Federation (QFF) CEO Dan Galligan says farmers were particularly sensitive to energy cost increases because they had no ability to pass extra costs down the value chain.

"This forum was convened to find solutions to one of the biggest issues facing all businesses across the country - escalating energy prices, which have been rising rapidly in Queensland for more than a decade,” Mr Galligan says.

“Queensland intensive agricultural industries met in an Energy Forum organised by QFF to understand the detail of impacts on that particular sector, and today was about bringing together a broader sector base with both national and state focus.”

"Industry groups are urging State and Federal Governments to work with us on long term solutions to arrest these unfair energy price rises and implement a tariff scheme to address the requirements of farmers and other businesses."

Organisations that participated in forum included:

- Energy Users’ Association of Australia
- Carbon Market Economics
- Australian Food and Grocery Council
- Australian Council of Social Service
- QLD Council of Social Service
- The QLD Local Government Association
- Cotton Australia
- Queensland Farmers' Federation
- Ricegrowers' Association of Australia
- CANEGROWERS
- National Irrigators' Council
- Irrigation Australia Ltd
- Daley’s Water Service
- Bundaberg Regional Irrigators Group
- Coleambally Irrigation.

Cotton Australia


Must ReadView All

Textiles | On 27th Jun 2017

Govt defers tax deduction at source provision under GST

E-commerce players in India will not be required to deduct tax on...

Apparel/Garments | On 27th Jun 2017

Future Group aims Rs 12,000 crore in fashion business

Future Group, which runs retail stores across India under various...

Textiles | On 27th Jun 2017

AEPC & NSDL to help exporters with GST compliances

Apparel Export Promotion Council (AEPC) and National Securities...

Interviews View All

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
July 2017

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search