Power bills to rise by up to a quarter in parts of Australia after regulator issues market default decision

Australian Energy Regulator says prices would have gone up twice as fast without government intervention

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Power prices will rise by up to a quarter in July in some states after the Australian Energy Regulator issued its decision on the default market offers that set the baseline for retailers.

But the AER says this is about the half the hike that might have happened without government intervention.

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