Qld faces wait for power price action plan QUEENSLANDERS have been told they'll have to wait to learn how the government plans to rein in spiralling power prices. The government has already ruled out any extra financial assistance for households in Tuesday's budget. But Premier Campbell Newman says his government does have a plan to address power prices. In the next week or two weeks, the government will release its plan. It's a long term plan to put serious downward pressure on electricity prices," Mr Newman told the ABC. He did not say what measures would be included. Last month the Queensland Competition Authority announced power prices would increase by 22.6 per cent from July 1, lifting the average household bill by more than $260 per year. The authority admitted the hike would put significant strain on households and businesses, but it was necessary to cover higher network costs.