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Newcastle Herald
Newcastle Herald
Business
Ian Kirkwood

Labor tells gas exporters to look after domestic market or risk 'social licence'

Tim Ayres Labor Simone De Peak Australia Molycop
COLLABORATIVE APPROACH: Assistant Trade and Manufacturing Minister Tim Ayres says high energy prices are threatening Australian industry and gas companies need to work with the government on a solution. Picture: Simone De Peak

THE Albanese government is reminding gas exporters of their social licence to operate as it moves to protect households and industry alike from the huge spike in domestic gas prices.

Senator Tim Ayres, the Assistant Minister for Trade and Manufacturing, was at Waratah this afternoon to meet management of Molycop, one of a number of Hunter industries that Senator Ayres said were threatened by spiralling gas and electricity prices.

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