How ironic that in the week Liarbour's taxcuts, which they had to be dragged kicking and screaming to implement,, Contact Energy increases power prices by 10%.
Government ministers say they will scrutinise the increase.
I just saw OneNews who reported the rise, adding Mercury and Meridean have also just announced power price rises.
How interesting, as who owns all three power companies, but the government!
Thus, as Homepaddock blogged earlier, government gives with one hand and takes with the other.
Political Animal Darren Rickard also highlights further government culpability.
Government policies are restricting extra power generating capacity and its beloved ETS spell for further power price rises.
Indeed, and what are the effects of expensive power? People dying through not paying their bills?
We all remember the Muliaga scandal , don't we?
For of we are to blame Mercury Power, then equally Dear Leader has blood on her hands as Mercury is an SOE, meeting finance targets set by Finance Minister Michael Cullen.
So yes, trust Mickey and Helen to take with one hand and give with the other, and trust them to be responsible for all/most of the problems in the power industry.
They talk about lack of competition but they have certainly left it late to be tackling the issues now- nine years after they too office.
So when you get you next bigger power bill, you know who is to blame, but Liarbour!