Power bills explained.

News THE Australian dollar is on track for its worst one-day fall in nearly two years following the RBA’s announcement a rate cut was likely.

Money PM Scott Morrison and treasurer Josh Frydenberg have been vocal about delivering a national budget surplus but their plans may have hit an unexpected snafu.

News MULTI-billionaire Mike Cannon-Brookes has taken aim at Scott Morrison over a recent video the PM released to the Australian public.

News POWER bills are set to soar this summer to among the highest power prices in the world. Some states will be hit harder than others.

Business MP accuses the government of "gouging the system" as Biggenden Meatworks revealed its power bills had sky rocketed by more than 300 per cent since 2011.

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