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Electricity prices tipped to rise as much as 8.9% & ASX continues to tumble

OTM - power, electricity, grid (AAP).jpg

On the Money Source: AAP

The Australian Energy Regulator is lifting the caps on how much retailers can charge for electricity from July 1, which could mean increases of as much as 8.9% for some consumers. Angelica Waite speaks with Shukla Poddar from UNSW to find out more, plus SBS Finance Editor Ricardo Gonçalves discusses the day's market action with Scott Phillips from The Motley Fool.


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