{"id":495541,"date":"2022-06-02T09:04:58","date_gmt":"2022-06-02T03:34:58","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=495541"},"modified":"2022-06-02T09:36:37","modified_gmt":"2022-06-02T04:06:37","slug":"rising-energy-prices-leave-australias-smaller-energy-suppliers-out-in-cold","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/rising-energy-prices-leave-australias-smaller-energy-suppliers-out-in-cold\/","title":{"rendered":"Rising energy prices leave Australia&#8217;s smaller energy suppliers out in cold"},"content":{"rendered":"<p>As Australia heads into winter and people switch on their heating, energy costs have spiked due to surging demand, leaving smaller electricity retailers unable to weather price shocks.<\/p>\n<p>Peak national employer organisation, the Australian Industry Group (Ai Group), referred to the rises in energy prices as &#8220;apocalyptic&#8221; on Tuesday, Xinhua news agency reported.<\/p>\n<p>&#8220;Apocalyptic rises in energy prices threaten chaos for industry and pain for households. They demand a national, integrated and strategic response,&#8221; said Chief Executive of Ai Group Innes Willox. <\/p>\n<p>&#8220;The extraordinary price rises, including a 50-fold spike in wholesale gas prices in (the Australian state of) Victoria,&#8221; said Willox.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As Australia heads into winter and people switch on their heating, energy costs have spiked due to surging demand, leaving smaller electricity retailers unable to weather price shocks. Peak national employer organisation, the Australian Industry Group (Ai Group), referred to the rises in energy prices as &#8220;apocalyptic&#8221; on Tuesday, Xinhua news agency reported. &#8220;Apocalyptic rises in energy prices threaten chaos for industry and pain for households. They demand a national, integrated and strategic response,&#8221; said Chief Executive of Ai Group Innes Willox. &#8220;The extraordinary price rises, including a 50-fold spike in wholesale gas prices in (the Australian state of) Victoria,&#8221; [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-495541","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/495541","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=495541"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/495541\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=495541"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=495541"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=495541"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}