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Small Business Council Calls for State Governments To Lead In The Energy Crisis

August 2, 2017 Conferences No Comments Email Email

The Council of Small Business Australia (COSBOA) has called for immediate action from government, particularly state governments, in stopping increases in energy costs for small business and consumers in Australia.

The call is ahead of the Vodafone National Small Business Summit hosted by COSBOA where the Hon. Josh Frydenberg MP, Minister for the Environment and Energy will speak to small business leaders in Melbourne on 23-25 August 2017.

COSBOA recognises that small businesses are suffering from unprecedented rises in the cost of energy. The situation must be confronted with a 12-month freeze on energy cost increases, while innovative renewable and gas-powered options are brought onto the grid.

Passionate small business advocate Peter Strong, CEO, COSBOA, commented on the council’s support of the Federal Government’s actions and placed pressure on state governments to demonstrate leadership on the energy cost crisis.

“The Federal Government is focusing on action and COSBOA supports them and the Finkel Review recommendations. But we need the state governments to not only support the Federal action, but take action of their own.

“That action is not only releasing gas supplies, but also stopping the continual energy price rises through subsidies to retail power suppliers,” said Mr Strong.

“The states must come to an agreement to subsidise retail providers. State governments are in a position to negotiate with the retail providers to ensure there are no more increases to energy costs for at least the next 12 months.

“COSBOA believe the Federal Government is leading the way and must now approve all the recommendations from the Finkel Review. Each state must also show leadership and stop the power costs increases. Only then we will have certainty for small businesses,” concluded Mr Strong.

Energy and the rising costs for small businesses across Australia will be a key issue discussed at the Summit which is the pinnacle gathering driving policy debate and discussion, with a focus on supporting the future of more than 2 million small businesses across Australia.

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