Yaron Flicker News Today

Labor now proposes to extend its cap on wholesale gas prices but may grant exemptions in a bid to prevent gas investment stalling.

Shell is said to be fielding more bids for gas than it can supply as the east coast market remains in disarray after the government’s market intervention.

Some small industrial users of gas are being forced to pay higher – rather than lower – prices for gas this year after the government’s market intervention.

Prices have come down at the key Queensland hub, but there’s no sign yet of that flowing through to small gas-based manufacturers.

Treasurer Jim Chalmers has revealed the government is working on a new plan to try to force down domestic gas prices, but has resisted pressure for new cost-of-living relief in this month’s budget.

NSW hospitals, prisons and swimming pools are grappling with a major increase in the price of natural gas supplies.

Australian manufacturers facing massive increases in gas prices are warning they could be forced to close. Consumers will also pay more, adding to cost-of-living pressures.

An Environmental Protection Authority (EPA) report released at a recent community session has revealed that more than a quarter of […]