Permanent ‘price capping’: Stronger action needed to stop soaring electricity costs

May 30, 2023

“Price caps, but better” – Katter’s Australian Party MP Bob Katter is urging the Albanese government to make its resource price caps more effective by immediately introducing a Reserve Resource Policy (RRP) which provides a fixed price and supply for coal and gas.

Mr Katter said every time the energy regulator or market operator warned of electricity price increases, the Treasurer had been quick to remind Australians “it could have been much worse” but for his government’s price caps on coal and gas. [1]


“Statements made by the Treasurer that it ‘could be much worse’ are a slap in the face for everyday families struggling to afford the astronomical increases in electricity price,” he said. 


“I for one can see no reason to celebrate a price increase of 21 per cent which the Australian Energy Regulator is forecasting. Yet we have the Treasurer boasting about the price caps government has introduced has kept the bills lower than what they would have been.”


“If price caps have been so useful then - Why are prices not being capped further? Why aren’t these measures being instated permanently? Why isn’t government simply fixing a price that is fair and reasonable?”


Responding to the Australian Energy Regulator’s statement on Thursday that electricity prices would rise by at least 21 per cent from July, the Treasurer again told media that market intervention “had kept bills lower than they otherwise would have been.” 


“Australia is a resource rich country. Many multinational companies, and the federal and state governments make significant incomes from our coal and gas reserves. We need, rather, we demand a Reserve Resource Policy that provides everyday families with affordable and reliable electricity, from resources that belong to this nation.” 


[1] QLD power bill price rise: Prices to go up from July more than expected, final decision AER | The Courier Mail


September 16, 2026
To bring in laws for an Artificial Intelligence (AI) 'Kill Switch', I voted with my crossbench colleagues, Andrew Gee MP and Dai Le. The Government shut us down. AI... It's been baffling me for a while now how people are taking me off on social media! Last week, I saw a video of me on that Dating Game television show from the 80s. Sure, it gave me a laugh... but it got me thinking... what else is AI capable of?! Where does it stop? Does it infiltrate the school yard? Our defence force? Our energy grid? Whilst it is astounding that technology is leaping forward, it is also a flashing neon light for danger. Something is seriously wrong when you aren't sure what's real or fake anymore and it is moving too quickly. So a 'Kill Switch' seems like a pretty sensible thing to me.  It was disappointing that the Government chose to shut the debate down. We lost the vote 89-13. And that is no joke.
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Families with the means to enjoy life rather than just survive it? More babies for Australia? Sounds like a pretty good thing to me. But apparently, Jim Chalmers isn’t convinced. I asked the Treasurer about income splitting and backing a new Australian baby boom... Policies that recognise the real value of unpaid care and reverse our vanishing race. The choice, either way, should be in women’s hands… NOT the Treasurers. Have a listen to his excuses…
By Kahla Kruger September 15, 2026
8 September 2026: A bold plan to reverse the plunging birthrate by recognising the value of unpaid care has been rejected by Government in favour of incentivising more working parents of our “vanishing race”, warns the Father of the House of Representatives and North Queensland MP of half-a-century, Bob Katter. In addition to asking for a $75,000 payment per birth, the Federal Member for Kennedy this week asked the Treasurer in Question Time to help families crippled by the cost-of-living crisis with taxable income-splitting to boost disposable incomes for spouses raising children on a single wage by about 10 per cent on average. But instead of acknowledging annual tax relief of about $8000-$10,000 for struggling families with a single wage-earner on $80,000-$150,000 a year – which would boost household budgets between 9-12 per cent 1 – the Treasurer claimed income-splitting would “disincentivise” women’s workforce participation, leaving them “economically dependent” on men, and “cost the budget substantially” to deliver the “lion’s share” of benefits to “higher wealth” families whilst “denying” those in lower tax bands. Mr Katter accused the Treasurer of “throwing the baby out with the bathwater” by dismissing outright the long-overdue “fairer family tax” policy with the introduction of a $75,000 payment for all new mothers “to spend as they see fit – from putting food on the table to investing in superannuation for their future”. “Families cannot make ends meet,” Mr Katter told the Treasurer in reference to average household debt at over $300,000 or $400,000 for under-50s, with the hyper-inflated cost-of-living now crippling 25 per cent of parent couples on a single income who suffered the “appalling inequality at tax time” that leaves a stay-at-home mum and three kids struggling by on $15,000 per person, whilst double-income-no-kids (DINKS) enjoy disposable incomes of $75,000 each. “Surely, family income-splitting makes taxation fairer, whilst a $75,000 birthing payment would help arrest Australia's plunging birthrates,” he pleaded in the Parliament. Mr Katter said the Treasurer’s devaluing of unpaid work further betrayed all parents “who bear enormous responsibility for raising our nation’s future generations to advance Australia fair”. “The Treasurer’s righteous virtue-signalling this week in the Parliament – supposedly on the side of women who quite reasonably want to be paid for their work – in turn infantilises mothers whose endless work for their family remains unpaid, like many carers, when the choice either way should be in women’s hands,” said Mr Katter. “Instead, Australian mums and dads are financially penalised when only one parent is paying income tax – which is really the only productivity measure that the Treasurer truly cares about. “But while he’s crying poor on an estimated $3 billion annual cost of income-splitting to the budget bottom line, he’s spending five times that subsidising the private childcare industry to boast about the benefits for women in the Kennedy electorate who can be on endless waitlists or have zero local early childhood places. “And when you tally the cost to taxpayers of about $14 billion propping up commercial childcare plus another $5 billion a year in parental leave – not to mention an estimated $20 billion in means-tested Family Tax Benefits – it puts into perspective the estimated $22 billion cost of an upfront $75,000 bonus for fewer than 300,000 births a year, to help lift Australia back up to relative post-war boomer rates.” Projections of the compounding benefits of lifting birthrates from below 1.5 to above the 2.1 replacement rate, align with an Australian population reaching 80 million with one million births annually in a century 2 . “I want 80 million people in this country so our industries can operate on economies of scale; so we’re not doomed to repeat the history of ‘a people without land seeking for a land without people’,” said Mr Katter. ENDS
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About 450,000 people enter into Australia each year on student and associated family ‘dependent’ visas. ALL get automatic working rights.  No requirement to finish a degree, complete a course Many never leave. Our tertiary education system is being devalued with genuine students penalised by those abusing the visa system. In Wisdom Mongrel Patriot we discuss this and many other key issues relating to the latest laws before Parliament. To view full episode on YouTube click here To view full episode on Spotify click here
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Katter hosts public meeting to fight for fair representation
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