A conditional interim authorisation has been granted by Australian Competition and Consumer Commission (ACCC). This authorization will help in providing financial relief to SMEs and residential impacted by COVID-19 pandemic through wholesale and retail energy businesses and Australian Energy council.
The interim authorisation shall allow electricity and gas companies to come forward and co-operate in providing financial aid and other measures to the affected companies.
ACCC Chair Rod Sims said that the interim permission is granted to provide relief to the businesses impacted due to COVID -19.