Senior ministers this week have dramatically raised the stakes in the Albanese government’s face-off with gas producers, amid escalating energy prices and dire warnings of worse to come. The question now is: how does the government follow through with effective action to match the rhetoric?
Bringing gas prices down in the eastern part of the country is vital in reducing the cost pressures many businesses and households are confronting. Coal and gas prices are the main drivers of soaring electricity bills.
Dealing with gas prices is also important for reinvigorating Australian manufacturing, one of Anthony Albanese’s promises at the election.
