While the Turnbull Government is focused on fighting each other over energy policy, small businesses are literally paying the price of the Government’s inaction as energy prices escalate across Australia.
Businesses in New South Wales, the ACT and South Australia are set to pay up to 20 per cent more in just 10 days’ time.
Small businesses across the country are already struggling to meet rising electricity and gas bills, and the continued policy uncertainty will do nothing to help them meet the escalating cost of running their businesses.
The issue of rising energy bills is raised at every single small business meeting I attend around the country. Small business owners tell me that they will have to reduce staff, cut back on their business operations or close their business if something is not done to put downward pressure on energy prices.
The concerns raised with Labor by businesses across the country are supported by the Council of Small Business and the Small Business and Family Enterprise Ombudsman’s public comments today.
The Council of Small Business is right when it says “inaction will cost jobs” and failure to act will “destroy” mum and dad operators.
Labor stands ready to work with the Government to deliver a solution to the current energy crisis in the nation’s interest and in the interests of small business and households.
The Turnbull Government likes to pretend it’s the friend of small business but the reality is its continued failure to fix the energy crisis is crippling the small business sector.