Business

CCIQ calls for discussion on energy privatisation

THE Chamber of Commerce and Industry Queensland (CCIQ) has today welcomed the release of the Queensland Government's 30 year Electricity Strategy discussion paper.

Do you think Queensland's electricity companies should be privatised?

This poll ended on 13 September 2013.

Yes - 15%

No - 76%

Unsure - 7%

This is not a scientific poll. The results reflect only the opinions of those who chose to participate.

CCIQ general manager Advocacy Nick Behrens said the discussion paper, tabled in Parliament today by the Minister for Energy and Water Supply Mark McArdle MP, was the first step towards the development of a long-term energy strategy for Queensland.

"It is critical for the business community that we have a future-focused energy sector and CCIQ has been actively involved in facilitating discussion and understanding of energy issues in Queensland," Mr Behrens said.

"We believe that the Queensland electricity supply industry must be supportive of continued business and economic growth in Queensland.

"Electricity prices have doubled on average for business over the past seven years, which has created an enormous hurdle for businesses trying to remain competitive.

"Encouraging a more sustainable and competitive energy sector in Queensland will provide a platform for businesses to continue growing over the next 30 years."

The discussion paper represents the second stage of the state-wide consultation process and aims to engage Queenslanders on specific proposals and seek their feedback on potential reforms.

"CCIQ believes it is important to have a robust policy and regulatory framework that will remain effective over the long term," he said.

"This is critical in achieving an electricity supply system that is resilient, cost effective and customer focussed to support small and medium business."

CCIQ has previously requested that the following concerns be addressed in the directions paper for the 30-year electricity strategy:

  • What is more important price competitiveness and sustainability or network reliability?
  • What can be done to promote further competition in SEQ and facilitate competition in regional Queensland?
  • What can be done to improve the performance and efficiency of an underperforming Queensland Electricity Supply Industry?
  • What can be done to diversify the generation mix of energy and also the location of energy? Is nuclear energy a realistic option for Queensland?
  • Do we privatise our state's electricity assets?

"Some of these issues have been acknowledged in the paper such as competition, performance and diversification of energy," Mr Behrens said.

"CCIQ will now consult with its members to produce a submission in response to the proposals in the discussions paper and welcomes the ongoing involvement from the business community."
 

Topics:  electricity



How to survive a bushfire in your car

IT SOUNDS like a nightmare, but it can happen.

Eight reasons to join the RFS

SPREAD across 93% of Queensland, the Rural Fire Service has about 36,000 volunteers. And you could be one of them.

What if my insurer gives me grief?

CLAIMING your insurance cover after a natural disaster can go one of two ways. It can be a breeze, or like pulling teeth.

Local footy player fronts court accused of arson

ACCUSED: Matthew James Tanner, 30, appeared in the Bundaberg Magistrates Court charged with arson and animal cruelty. Photo Contributed

Matthew James Tanner remains in custody

Beach pub in hot water

Moore Park Beach Tavern has gone into administration.

Another local business goes into administration

Local Partners

'He can see!' Mum's tears as boy fights Taipan bite

TWO-year-old Eli Campbell continues to amaze his parents and doctors as he bravely takes on his recovery from a near-fatal taipan bite.


What's on: Saturday, December 3

Not sure what to do today? We've got you covered

Head to the sugar museum for a sweet taste of history

Cutting the ribbon to officially open the revamped Sugar Museum at Fairymead House is Mayor Jack Dempsey and Fairymead House Team Leader Hayley Vale.

Learn about the industry that made Bundy what it is

List of gigs happening around Bundy

KEY NOTE: Country singer Alex Peden. Photo: Scottie Simmonds / NewsMail

There's a live show for everyone

Pop star Liam Payne's Facebook hacked with porn

"Things that can happen to you when you don't have sex."

Tim Roth was abused by his grandfather

Tim Roth was abused by his grandfather during his childhood.

Leo designs shocker tattoo for Tom Hardy after lost bet

Leonardo DiCaprio has designed a new tattoo for Tom Hardy

Hollywood star at home on the Coffs Coast

FEELING LUCKY, SON?: Scott Eastwood visited the Coffs Coast

Guess which Hollywood star has been seen around the Coffs Coast?

Ricky Gervais: There's 'no point' marrying Jane Fallon

RICKY Gervais "doesn't see the point" in marrying Jane Fallon.

Hacksaw Ridge wins big in first round of AACTA Awards

Luke Bracey and Andrew Garfield in a scene from the movie Hacksaw Ridge.

THE major awards will be handed out on Wednesday night.

Developer's grand new multi-million dollar estate

NEW ESTATE: This is the only plan revealed by the property developer's new Billabongs Estate in Agnes Water.

DEVELOPER given the go ahead for a massive estate with 149 homes.

Couple's desperate $550K price drop to sell Gladstone home

Brian Headley and Kirstene Staib are selling their Kin Kora mansion for $750,000.

TELL tale sign of Gladstone's property market.

Banks reclaim Gladstone homes as job losses bite

LONG FALL: Property experts Heron Todd say, based on key market indicators, Gladstone is still travelling to the bottom of the market, with property prices set to get cheaper.

Property valuers say Gladstone housing market hasn't hit the bottom

The million dollar property to test Mackay's market

This Victoria St building will go to auction Tuesday and investors will be watching closely to see how much it sells for.

'High profile architect designed CBD asset' goes to auction

Prices jump in trio of mining towns

THE boost in coal prices in the past six months has triggered a house price jump in at least three mining towns in Central Queensland.

Boost in coal prices triggers a market turnaround

Ready to SELL your property?

Post Your Ad Here!