Whilst the rolling Greek tragedy that is the Labor Party continues, the price of utilities continues to take away the spare cash of many Australian families. The Labor Party went to the election saying that they would ease the squeeze and assist with the cost of living but this is another promise which they have never delivered. In fact they were increasing the debt and increasing pressure on interest rates while they made life harder not easier for people. Australians are quickly coming to the conclusion that life under Labor is an erratic roller coaster which the wheels will fly off at any moment.
After promising to reduce the cost of living, since Labor was elected:
Electricity prices have gone up 34%
Water prices have gone up 29%
Gas prices have gone up 26%
Overall, utility bills have gone up 31%
To compare Labor against the Coalition on an annual basis (and correcting for inflation):
Electricity prices are going up 9.3% a year under Labor. They went up 0.5% a year under the Coalition.
Water prices are going up 7.6% a year under Labor. They went up 1.2% a year under the Coalition.
Gas prices are going up 6.5% a year under Labor. They went up 1.3% a year under the Coalition.
Overall, utility prices are going up 8.2% a year under Labor. They went up 0.8% a year under the Coalition.
Australia can't afford another three years of Labor.
(Figures sourced from ABS)