Essay by Eric Worrall
First published JoNova; Inflation was the number 2 concern. Both inflation and high energy prices are being caused by Net Zero Expenditure.
Soaring energy prices leading concern for Australian businesses, report finds as major companies lament power costs
Soaring energy prices under the Albanese government has hit the top of the list of concerns for Australia’s business leaders.
October 3, 2025 – 3:35PM
Business leaders say energy is now their leading concern as soaring electricity prices have taken their toll on many of Australia’s major sectors.
This is a revelation from a fresh report by software accounting firm MYOB which surveyed 526 companies.
More of those questioned in the survey said energy prices were concerning compared to any other singular category.
When asked what the biggest challenges facing the business owners were, 30 per cent listed energy while inflation came in second with 29 per cent mentioning the price rises were a challenge.
At least 26 per cent of respondents said interest rates and high competition were challenges while 25 per cent said employment costs were a problem for their business.
…
Read more: https://www.skynews.com.au/business/energy/soaring-energy-prices-australian-businesses-leading-concern-myob-report-finds-as-major-companies-lament-power-costs/news-story/a38737ec989a2ee8865609cb12967484
The survey, which focussed on mid size businesses, is available here (search for “MYOB’s latest survey” for the link).
Interestingly the MYOB statement accompanying the survey was a lot more circumspect about the problems energy costs are causing than the Sky News article above, but if you click the survey link in the MYOB statement article, you’ll see energy prices jump out as the number one concern, closely followed by inflation.
Both inflation and high interest rates are the product of the Aussie Government’s high government expenditure, much of which is being wasted on high risk Net Zero schemes.
If you spend more money than you have, eventually you blow out the credit card, or in the case of national overspending, wreck the economy – especially when the money is spent on something as useless as renewables.
Update (EW): Thank you David Wojick for reminding me to add the JoNova acknowledgement.
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…the problems energy costs are causing…
We know what they are, all they have to do is ‘fess up to them. But I suspect their belief will easily override any common sense and humanity.
Also the problem of the ridiculous
Peers for the Planet
Another group of loony eco warriors
Even if I guess they have dentures and zimmers and hearing aids
Those of us have used up our “being insulted allotment.” Nevertheless, we remember more favorable times but not without some fewer idiots running and trying to ruin things.
Jo Nova also hits hard on this:
https://joannenova.com.au/2025/10/energy-prices-are-now-the-biggest-single-concern-of-business-in-australia/
Oops forgot to add the acknowledgement – thanks David.
BUT – BUT – But
LCOE shows the cost of renewables to be less than the cost of fossil fuels!!!!!
oops – the renewable advocates forgot to mention that LCOE only includes the cost of generation which doesnt include the costs of stability , reliability , and generation 24/7/365. Looks like fossil fuels are providing a huge subsidy to renewables since renewables can generate based on demand.
It’s hilarious they still spout that nonsense about renewables being the cheapest energy. Sadly some people still believe them.
I’ll guaranteeee you that FF Generation wouldn’t need expensive and explosive Battery Back-up systems or Subsidizing Schemes or be dependent upon Renewable Generation to be affordable, reliable and available 24/7/365.25
It is sad that people are still using the term “renewable” without qualification when they mean weather dependent electricity generators.
They are not renewable. I have had solar panels on my roof for 14 years and there’s no sign of them renewing. In fact I have to clean the lichen from them every year or so to keep them performing to specification. They are not even self-cleaning let alone renewable.
In what way are solar panel and wind turbines renewable. Evidence shows that some solar panels are replaceable but I am yet to see a wind turbine been replaced. So the term replaceable should also be used with caution.
What they are is re-diculous.
Renewables are cheaper is a common theme at skeptical science. Not surprising the biggest advocates have no basic math, science, engineering or basic critical thinking skills. That LCOE only includes the cost of generation is so blatantly obvious.
One of our infrequent trolls tried to trot out LCOE as proof that wind and solar were much cheaper than fossil fuels. When presented the many problems with LCOE he simply declared that the LCOE calculations were put together by experts. As far as he was concerned, the critics weren’t experts. He believed in science, so he was going to stick with the “experts”.
Not to split hairs here but the problem isn’t inflation it is crappy out of control government. Get rid of your crappy leaders and your problems go away.
Yep.
Get rid of your crappy leaders and.. another lot will take their place.
Parliament in a nutshell.
The problem is you just elect another mob of nutters, You just don’t find out until later. ;(
Guy Fawkes approves this message!
Is that how you would do it?
”Both inflation and high energy prices are being caused by Net Zero Expenditure.”
No. Inflation is inflating (printing) the fiat money supply. More dollars competing for the same stuff. Used by governments to not pay their debt. Killing the purchasing power of your savings. Why do you think you need more dollars to buy gold. From 3000 AUD/oz to nearly 6000 AUD/oz in less than a year. There you have your real inflation. And yes it is because of government/central banking.
should be 100% in 2 years
How much longer will the alarmists keep saying renewables provide cheaper energy than fossil fuels with energies’ fast escalating consumer costs? Do they think people are blind to what they’re paying monthly?
It has worked so far. Even the alarmists believe this nonsense, they regularly accuse fossil fuel companies of a conspiracy to suppress the cheaper energy source.
This widely believed falsehood actually led to a significant embarrassment a few years ago, when Trump hater Michael Moore and Jeff Gibbs set out to make a documentary about the great fossil fuel conspiracy which was suppressing the energy transition, they instead claim they discovered that renewable companies are a pack of liars. To their credit they had the integrity to make the film anyway, and reveal what they discovered.
Great documentary!!!
Australia is going down the same road as the UK which has the highest industrial electric prices in the world thanks to a number of factors, including net-zero policy and importing 2/3 of natural gas usage.
Australia has a few crucial advantages over the UK, which is why I decided to move back to Australia over a decade ago:
Yep.
“Friends of the ABC” keep saying that surveys deem ABC to be the “most trusted” news source.
Yeh, it probably is.
By the ~ 10% audience share that the ABC gets from Aussie viewers.
Story tip
there is a link to select committee submission
Foreign dark money in Australian energy policy
Just ask anyone. All they have to do is print more money.,
Problem solved. /sarc
Why would they need to print money? Everybody knows that when government provides something, it is free. /sarc
Inflation is defined as an increase in the money supply. Rising prices are one of the consequences of inflation. Expansionary monetary policies by government/central banks are to blame for the rising prices.
That is exactly what they do. Price of gold went up a 100% in less than a year in Australia. Killing the purchasing power of your savings. Inflation is a hidden tax.
First thing they need to do, is find some actual climate change costs.
So far it’s been all benefit and no costs.
Inflation and high energy prices are partly driven by Net Zero expenditure. Transitioning to renewable energy requires large investments, raising short-term costs for businesses and households. While essential for long-term sustainability, these policies can temporarily increase prices. Businesses can check financial support using this Business Loan Eligibility Tool.
Well obviously, Thuriyen you believe there is a climate crisis and also believe that Net Zero policy will solve this crisis and save the planet. It’s all so simple, what could go wrong- well everything mate, because assumptions about a current or future climate warming crisis are totally unfounded in science. It’s cold weather that kills people a hell of a lot faster than warmth, our mild current climate is a real bonus compared to the little Ice Age 150 years ago.
Secondly, the real climate problem is the crazy UN global policies we have subscribed to that are reducing reliable and cheap fossil fuel energy, that is destroying our industrial base and raising our cost of living. These are facts not suppositions or misinformation. The politics of climate change are deliberately creating social tension and impoverishment of the global disadvantaged- how does that sit with the virtue signalers related to the Greens ecological philosophy or the progressive environmental vibe? Your policies are hurting the poor and the middle class- not the rich capitalists you think you are targeting, because everyone needs more energy to survive in our technological industrial world. Thus, these policies are not sustainable in any sense.
Besides, global warmth and rising CO2 has produced rapid greening of the planet and rising efficiency in crop-food production, these major benefits are being squandered by governments like Australia and the UK who are recklessly prosecuting Net Zero policies, with no understanding of the downside consequences or even admitting they are inflationary.