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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessEnergy To Continue Adding To Cost-Of-Living Pressures
Today the Australian Energy Regulator announced that households on standard energy plans could face price increases on July 1 of 19.5% to 23.7% while small businesses +14.7% to 25.4%, depending on where they are. The default market offer, which caps prices, rose 18% in 2022. The final price rise will be decided in May.
- The Energy Minister has said that there may be some relief in the May budget.
- The regulator noted that the cost of generating electricity contributes 30-40% to the default market offer price and that has driven the draft offer for July 1 because of supply issues and volatility.
- The Australian
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.