PM reiterates RET concerns

By AAP

Mr Abbott won't predict the outcome of a government review of the RET, but said the scheme posed a "serious threat" to household budgets and energy-intensive industries. "All of us should want to see lower prices and plainly at the moment the renewable energy target is a very significant impact on higher power prices," he told ABC Radio. "I don't want to lose perfectly good industries that employ thousands of people and which value add for our country.

Read more here: Business Spectator

    

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