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Dec 3, 2012

Why Gillard can’t prevent gold-plating energy infrastructure

Julia Gillard has launched a media offensive on power prices, but her proposals -- largely plagiarised -- fall well short of her claim of banishing "gold plating". Useful reform appears some way off.

Readers of the Sunday newspapers were greeted with headlines that Prime Minister Julia Gillard had a plan to fix the gold-plating that has been taking place in electricity networks. Apparently her plan will save electricity consumers $250 per annum.

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