Australians could be spared excessive power bills as Labor looks to stamp out price gouging

Chris Bowen to announce review of default market offer, which guides what retailers can charge households and businesses

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Households could be spared unreasonable power bill rises in the future as the Albanese government looks to stamp out price gouging after repeated price hikes.

In an address to the Australian Energy Week on Wednesday, Chris Bowen is expected to announce a review of the default market offer (DMO), which sets a benchmark price for residential and small business electricity bills.

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