Comment on the Australian Energy Market Commission (AEMC) Review of Effectiveness of Competition in the Electricity and Gas Retail Markets in Victoria Second Draft Report, a proposal to remove price regulation in the Victorian retail electricity market. ATA expressed great concerns with this proposal, as we believe that the basis for the conclusion that the retail electricity market was effectively competitive was flawed, and the proposal as it stands is set to have a negative impact on electricity consumers through reduced transparency, lack of monitoring of the market and the inability for the government to reintroduce regulation in the event of market failure.

Click here for ATA’s submission.