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Chairman Mal's plans to reduce your electricity bills.

The comedy sketches from Turnbull Coalition Team keep getting wilder.

In this episode, power bills are too big for Australian families and small businesses. 

But Team Turnbull can cut bills by making a video of power company bosses meeting with Team Turnbull.

Bet you didn't know that's how it was done!

Team Turnbull has secured agreements that "put your family first and small businesses first".

Lower prices for everyone hey Mal?


Screen Shot 2017-08-10 at 12.05.07 pm

Screen Shot 2017-08-10 at 12.05.07 pm

When I was in business one bit of arithmetic always held true.

PRICE x VOLUME = REVENUE

Chairman Mal wasn't offering power companies any increase in the VOLUME they sell.

He said he'd "taken action to reduce PRICE".

That'd mean cuts to projected REVENUE for power companies.

With no expense reductions, that means drops in PROFIT.

Listed companies have a continuous obligation to disclose any change in their financial projections as and when they become aware of them.

I checked with the Australian Stock Exchange. Screen Shot 2017-08-10 at 12.52.47 pm

I'd be tipping the power distribution companies don't plan on doing anything.

Which means all those working families from the ad agency will be disappointed.

Screen Shot 2017-08-10 at 1.03.26 pm

Even Turnbull's ministers aren't buying it.

Screen Shot 2017-08-10 at 1.12.46 pm

This bloke puts the monorail salesman from The Simpsons to shame. Let's leave the last word to Barnaby.

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