Australians could be spared excessive power bills as Labor looks to stamp out price gouging

Chris Bowen to announce review of default market offer, which guides what retailers can charge households and businessesGet our breaking news email, free app or daily news podcastHouseholds could be spared unreasonable power bill rises in the future as the Albanese government looks to stamp out price gouging after repeated price hikes.In an address to the Australian Energy Week on Wednesday, Chris Bowen is expected to announce a review of the default market offer (DMO), which sets a benchmark price for residential and small business electricity bills.Sign up for Guardian Australia’s breaking news email Continue reading...

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Trump calls for 'unconditional surrender' from Iran, says U.S. knows where its leader is hiding

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