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.
Related
Discover more from Watts Up With That?
Subscribe to get the latest posts sent to your email.