By Alan Mitchell
The energy sector may be among the jewels in the crown of competition policy reform. And electricity prices may have fallen by 25 to 30 per cent for businesses in NSW and Victoria, while gas prices have fallen by a similar proportion in Western Australia.
But there is still something seriously wrong with the electricity and gas industries in Australia.
That something, according to a persuasive new report, is the number of serious new report, is the number of serious barriers still in the way of competition.
The report has been written for the Business Council of Australia by Rob Sims and Phillip Stern of the consultants Port Jackson Pertners. Sims is a former senior official in the Department of the Prime Minister and Cabinet.
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