Firms ‘hit hard’ by energy price hikes

posted by Su-San Sit

30 October 2017

A business group has warned Australian firms are at “breaking point” after electricity prices soared by 8.9%.

The Australian Bureau of Statistics latest Consumer Price Index (CPI) rose 0.6% in the September quarter 2017, with the most significant price rises being electricity (8.9%), tobacco at (4.1%) and international holiday travel and accommodation (4.1%).

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Firms ‘hit hard’ by energy price hikes

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