Why are Australians paying so much for gas – and will Labor’s new scheme bring down prices?

Households in Melbourne, Sydney, Adelaide, and Canberra have experienced the most rapid increases in their gas bills, while users in Perth, Darwin and Brisbane have largely escaped outsized increases. Photograph: Andrey Deryabin/Getty Images/iStockphoto

The Albanese government will soon release its long awaited plan to deliver more affordable and secure gas for households and businesses on the east coast of Australia.

There will be disagreements about how to “fix” the gas market, but there is broad consensus across the political spectrum that homes and businesses are paying too much for the fuel.