this post was submitted on 12 Jul 2023
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52
ACCC finds million of Australians are paying more than they should for energy (www.youtube.com)
submitted 1 year ago by hikarulsi@lemmy.world to c/australia@aussie.zone
54 comments fedilink hide all child comments
 

Energy companies be like:

  • We need to ensure we price to stay in business, the profit margin is so thin
  • We are going to see a record profit, shareholders!

These companies are criminals and should be in prison for crimes against humanity

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[–] vividspecter@lemm.ee 3 points 1 year ago* (last edited 1 year ago) (3 children)

That relies on landlords being rational and willing to wait for the income to pay for the panels, which hasn't been my experience interacting with them but hopefully some have the sense. And in this environment, they don't really need any incentive to raise rent, they just do it. Going elsewhere also often isn't an option given the low supply at the moment.

[–] Taleya@aussie.zone 2 points 1 year ago

Not to mention the fact that, uh, I've literally lived in rentals where the landlord damned well knew the roof would not structurally support panels due to their poor maintenance

[–] abhibeckert@lemmy.world 0 points 1 year ago* (last edited 1 year ago)

Yeah, housing is messed up in Australia right now. I don't think it's fair to blame landlords though. This is primarily a supply problem.

There were state level legislative changes (in every state, but not all at the same time) around the year 2,000 which resulted in a significant drop in construction. It's estimated we now have 1.3 million fewer houses than we would have if the legislation hadn't changed.

Most of the changes were an attempt to encourage apartment construction and discourage house construction... but what actually happened is they discouraged house construction without any real change on the apartment side.