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Assignment Task:
Task:
This assignment, indeed, is interesting as it analyses the rise of energy prices in the Australian domestic market. Questions: Answer all questions. Limit the word count of your assignment to less than 1500. Please use diagrams in your answer when appropriate.
In your own words, summarise the article. What is the main message of this article?
Despite the fact that Australia has a comparative advantage in energy sector, why does our energy price keep rising?
Do you think that our domestic energy market is transparent?
Analyse critically the following statement made by author:
In the case of gas, prices for households and businesses are expected to increase significantly in eastern Australia, as the development of new gas export terminals leads to a tightening of supply.
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