Daniel McCullochVerified account

Xenophon argues the LMR scheme should be clarified and tightened, but fears the government is throwing the baby out with the bath water.

Xenophon argues the Australian Energy Regulator doesn't always get it right, and the LMR provides important checks and balances. #auspol

Xenophon: "My concern is that this is a sugar hit that might have some short-term consequences that seem on the surface to be good..." (1/2)

Cory Bernardi: * abolishing limited merits reviews is tinkering around the edges * the reviews provide important checks and balances #auspol

David Leyonhjelm is also not keen on the bill, arguing insufficient dispatchable power is at the core of energy price problems. #auspol

Simon Birmingham wraps up government's case on LMRs, saying energy retailers have been gaming the system to the tune of $6.5 billion #auspol