Tips and rumours

Dec 19, 2012

Tips and rumours

ICAC exchange pits Fairfax vs News ... what you should see on your power bill ... IT gremlins at the AFR ...

From the Crikey grapevine, the latest tips and rumours … ICAC just keeps delivering. A Crikey mole overheard a heated conversation last week between The Sydney Morning Herald’s Kate McClymont and The Australian’s NSW political reporter Imre Salusinszky at the ICAC inquiry into allegedly dodgy dealings by various NSW Labor heavies. McClymont and colleague Linton Besser had been working for weeks on an investigation into former NSW treasurer Michael Costa receiving millions of dollars worth of shares from a water company linked to powerbroker Eddie Obeid. Costa tipped off Salusinszky and the conservative crusader cobbled together a story for last Friday’s edition. The Oz -- with typical chutzpah -- labelled its Costa-friendly spoiler an "exclusive". After reading the story, we hear McClymont approached the former literary academic to ask if he was pleased with himself. When asked what she would have done in his position, McClymont's response went along these lines: "I’d get off my arse for once and do my own work instead just running drip-fed spin from the Labor Right." The red notice you should see on your power bill. And now Crikey brings you ... Bill Watch. We've had some excellent responses to our Tips on the compulsory red notices which grace our electricity bills, courtesy of various state governments who want to blame green schemes for large price hikes. Here's what you see on NSW bills (the NSW government has mandated that it must appear):

On the suggestion of a reader, Crikey has looked into this and found that one of the main reasons power prices are rising, according to the NSW regulator IPART itself, is "rising network costs". Interesting that you don't see that message on your bill, isn't it? Now, why would that be? Could it be because it makes it harder for the Coalition to try to blame Labor's carbon price for everything? Crikey has an alternative suggestion for what the NSW could insist must run on clients' bills. The truth. This comes from IPART's Final Report -- Changes in regulated electricity retail prices from 1 July 2012.

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1 comments

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One thought on “Tips and rumours

  1. klewso

    Bugger! Do I qualify for a refund for my Saturday night Lotto entry?

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