Brisbane news live: SEQ electricity prices to rise by up to 3.7 per cent

Sydney Morning Herald

26-05-2025

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SEQ electricity prices to rise by up to 3.7 per cent
By
Households will be hit with higher power bills from July 1 after the market regulator handed down its latest round of annual price setting.
Price caps will rise for customers by between 0.5 per cent and 3.7 per cent in south-east Queensland, under a determination from the Australian Energy Regulator.
South-east Queensland provider Energex is in the middle of the pack when it comes to annual bills.
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The price spikes have been driven by higher costs in the electricity grid over the past year, which in turn were due to breakdowns at coal-fired power plants, elevated fossil fuel prices and rising costs for network infrastructure.
Prime Minister Anthony Albanese is doubling down on his ambitious renewable energy plans, declaring it the cheapest new source of power, while the federal Coalition brawls over emissions targets and its commitment to build nuclear energy instead of wind and solar farms.
Queensland's LNP government has put renewable energy projects under closer scrutiny, recently approving two wind farms but blocking another.
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7.22am
Queensland Heritage Council responds to LNP's Olympic override
By Sean Parnell
The Queensland Heritage Council has urged the Crisafulli government to tread carefully in its plans for the Brisbane 2032 Olympic and Paralympic Games.
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The government has moved to override heritage and other planning restrictions to deliver Games venues, including in Victoria Park where the environment department recently recommended a heritage listing be expanded.
In a submission to a parliamentary committee inquiry into the planned override, Queensland Heritage Council chair Stuart Lummis urged the Games Independent Infrastructure and Coordination Authority engage experts.
'Delivering a world-class legacy from the Games does not have to occur through diminished heritage outcomes,' Lummis wrote.
'There are numerous examples in Queensland and elsewhere of large-scale development that has respectfully retained and integrated heritage places through design excellence and sensitive adaptation, while conserving their significance.
7.15am
SEQ electricity prices to rise by up to 3.7 per cent
By Mike Foley
Households will be hit with higher power bills from July 1 after the market regulator handed down its latest round of annual price setting.
Price caps will rise for customers by between 0.5 per cent and 3.7 per cent in south-east Queensland, under a determination from the Australian Energy Regulator.
South-east Queensland provider Energex is in the middle of the pack when it comes to annual bills.
Loading
The price spikes have been driven by higher costs in the electricity grid over the past year, which in turn were due to breakdowns at coal-fired power plants, elevated fossil fuel prices and rising costs for network infrastructure.
Prime Minister Anthony Albanese is doubling down on his ambitious renewable energy plans, declaring it the cheapest new source of power, while the federal Coalition brawls over emissions targets and its commitment to build nuclear energy instead of wind and solar farms.
Queensland's LNP government has put renewable energy projects under closer scrutiny, recently approving two wind farms but blocking another.
7.07am
The weather this week
In what feels like unseasonal weather, the mercury is expected to reach almost 30 degrees in Brisbane today, on a cloudy Tuesday.
From tomorrow, however, temperatures for the rest of the week will plunge back down into more typical late-Autumn territory.
Here's a look at today's weather, and the seven days to come.
7.04am
While you were sleeping
Here's what's making news further afield this morning:
Health Minister Mark Butler wants significant attention paid to discovering why the rate of informal votes has almost tripled in hospitals and aged care centres as it potentially affects the results of closely contested electorates.
Australian oil and gas giant Woodside Energy has pointed to crippling blackouts that left millions without electricity across Europe last month as a 'forceful reminder' for the Albanese government to prioritise energy security alongside goals to switch to cleaner sources of power.
Donald Trump has inflicted deep damage to three of the unique sources of American superpower, writes Peter Hartcher. 'And he's on the very brink of shattering a fourth.'
A car has ploughed into a crowd of Liverpool fans during a parade celebrating their side's Premier League soccer title, and police arrested a 53-year-old British man.
They were just play fighting. That was French President Emmanuel Macron's explanation for video images that showed his wife, Brigitte, pushing her husband away with both hands on his face before they disembarked from their plane.
American surfer Griffin Colapinto has described a ride which included a spectacular aerial and earned a perfect 10 score at Margaret River as one of the 'most incredible moments of my life'.
6.31am
The top stories this morning
Good morning, and welcome to Brisbane Times' live news coverage for Tuesday, May 27. Today we can expect a partly cloudy day and a top temperature of 29 degrees.
In this morning's local headlines:
The Morningside School of Arts building has been brought back from the brink of ruin, but its trustees say it needs a large injection of funds if it's to survive past its 100th birthday in 2026.
A Queensland-born businessman has been identified as the Australian accused of accepting a 1.7 kilogram haul of cocaine in Bali for a promised reward of just $4700.