Community Funded Reporting

Vic Electricity not Privatized - Colonialised How the Singapore Government is profiting from its majority ownership of the Victorian Electricity Distribution

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Ruth Kershaw

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11.23.10

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I am a mirco economist who had a past life in Electricity Regulation. I have maintained a passing interest in the industry, but more recently did some more indepth research on company structures.

I believe the information is in the public interest. Not least of all because we are not going to get better regulation, fairer or more efficient pricing of electricity, unless some of the root causes of the price rises are addressed.

It is surprising that this dynamic with the Singaporean Government's investment arm is very controversial with some of our close neighbours, and national regulators have been much more vigilant in providing oversight, as well as blocking investments. These actions have occured largely as a result of community concern.

I will have to put in several more research hours and dot every i and t, so I can publish the verifyable facts.