The Power price rise Cash grab

In contrast to the many families having a hard time making ends meet, company executives appear to be living the high life.

AGL Chief Michael Fraser is on a base salary of $1.48-million a year. His bonus was an added $1.85 million. That’s probably why he can afford to live in the Highgate Apartments, one of the country’s most prestigious addresses. The property, with sweeping Sydney Harbour views, also boasts an athletic club, pool, and boardroom.

Origin Energy Boss, Grant King is also a member of the millionaire power club. His salary is a bit more than $2 million, his bonus $1.82 million. The average price of a home in Grant King’s neighbourhood is more than $1.5 million. Right on the harbour, in Sydney’s inner west.

Government owned Energy Australia is run by George Maltabarow. His base salary is $626,000, his bonus another $150,000.

Former Rail Boss, Vince Graham now runs Integral Energy with a salary of more than half a million dollars, and a bonus of $107,000.

While Country Energy Managing Director Craig Murray’s total package is more than $666,000, but he doesn’t get any bonuses.

“They’ve got our money,” says Brent.

In NSW, more than 10,500 people complained about power bills. In Victoria there were 38,500 complaints about electricity and in Queensland hit almost 13,500 complaints, up almost 100%

CO2 = P x S x E x C,,    i s just like abbott and costellos  comedy skit 13 X 7 = 28   LOL  we all know 4 X 7 = 28  Mr gates,  who do you think you are fooling … and why are we  putting up with this obviious SCAM upon us all  in relation to Carbon

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4 Responses to The Power price rise Cash grab

  1. PeterBDunn says:

    Christopher Monckton, Ian Plimer, Alex Jones,……………………………..

  2. PeterBDunn says:

    Commonwealth of Australia Constitution Act.
    Commonwealth of Australia [CH. 12.]
    Constitution Act.
    CHAPTER 12.
    An Act to constitute the Commonwealth of Australia. A.D. 1900
    [9th July 1900]

    52. The Parliament shall, subject to this Constitution, have
    exclusive power to make laws for the peace, order, and good
    government of the Commonwealth with respect to—
    (i) The seat of government of the Commonwealth, and all
    places acquired by the Commonwealth for public
    (ii) Matters relating to any department of the public service
    the control of which is by this Constitution transferred to
    the Executive Government of the Commonwealth:
    (iii) Other matters declared by this Constitution to be within
    the exclusive power of the Parliament.
    Except as provided in this section, the Senate shall have equal
    power with the House of Representatives in respect of all
    proposed laws.
    53. Proposed laws appropriating revenue or moneys, or
    imposing taxation, shall not originate in the Senate. But a
    proposed law shall not be taken to appropriate revenue or
    moneys, or to impose taxation, by reason only of its containing
    provisions for the imposition or appropriation of fines or other
    pecuniary penalties, or for the demand or payment or
    appropriation of fees for licences, or fees for services under the
    proposed law.
    The Senate may not amend proposed laws imposing taxation,
    or proposed laws appropriating revenue or moneys for the
    ordinary annual services of the Government.
    The Senate may not amend any proposed law so as to increase
    any proposed charge or burden on the people.
    The Senate may at any stage return to the House of
    Representatives any proposed law which the Senate may not
    amend, requesting, by message, the omission or amendment of
    any items or provisions therein. And the House of
    Representatives may, if it thinks fit, make any of such omissions
    or amendments, with or without modifications.
    Except as provided in this section, the Senate shall have equal
    power with the House of Representatives in respect of all
    proposed laws.
    Are our pollies ignoring our constitution at our denigration vide higher water and electricity prices and a carbon tax?

  3. PeterBDunn says:

    Did you know the power companies produce electricity at $15.00 per gigawat but its sold to you vide Ipart at $45.00 bit of a cash grab dont you think!!! no wonder their CEO’s profits have been so big, and when will they turn off the desalination plant your subsidising too! Whilst they holliday feast and are privy to wages and retirement packages beter than you are, and the bankers saying alls well whilst they are stealing from you vide fees and charges. WAKE UP AUSTRALIA YOUR DREAMING IE STOP DRINKING UN FILTERED FLOURIDATED WATER!!!!

  4. PeterBDunn says:

    A multi-millionaire owns one of the country’s largest mansions which is an absolute power guzzler but he does not pay a cent for power.

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