The Australian Government has introduced the Treasury Laws Amendment (Prohibiting Energy Market Misconduct) Bill 2019 into parliament.
The legislation provides the framework for the government to strengthen its ability to address misconduct in the electricity market. Creating new prohibitions against certain misconduct in electricity retail, wholesale and contract markets, which is detrimental to competition or consumers.
To provide clarity around the operation of this significant new reform the government has prepared a guide on the operation of the Bill, which can be accessed here.
For further information, see Prohibiting Energy Market Misconduct.