The Latest Breaking News from ACCC

Senex Energy announces plans for a $1 billion expansion of its Surat Basin gas project

Advocates of a $1 billion expansion of Senex Energy's Surat Basin gas development say the "mostly domestic" supply will reduce energy prices in coming years, but not everybody is convinced.

ABC News · Aug 11, 2022

Gas users and experts call for federal crackdown on east coast 'gas cartel'

Surging gas prices are putting a strain on Australian businesses that are calling for governments to step in and take action.

ABC News · Aug 10, 2022

Northern Territory opposition calls for petrol price inquiry, with prices per litre 30 cents higher than in other states

Petrol prices in Darwin are still up towards the $2 mark, despite recent drops in other states, and the pain at the pump is even worse in Alice Springs.

ABC News · Aug 9, 2022

The 'gas trigger' won't be enough to stop our energy crisis escalating. We need a domestic reservation policy

Australia’s east coast gas crisis is set to sharply worsen. A new report from the Australian Competition and Consumer Commission (ACCC) notes supply conditions will deteriorate significantly in 2023 if no action is taken. The 56 petajoule shortfall is huge – equivalent to around 10% of domestic demand.

The Conversation · Aug 2, 2022

‘War profiteering’: Government flags gas crackdown after scathing ACCC report

Gas companies making billions of dollars in windfall profits by exporting Australian gas overseas could soon be reined in by the federal government.

The New Daily · Aug 1, 2022

Gas producers warned to prove they have domestic supplies for next year, or face 'gas trigger' export restrictions

Gas producers are told to prove there will be enough supply for the domestic market next year, or face the threat of export restrictions.

ABC News · Aug 1, 2022

Rooftop solar panels, costing thousands of dollars, deemed fire hazard

Ricky Barone installed a solar system on his roof in 2014. Since then, it has cost him thousands of dollars and years of sleepless nights. So, who's responsible?

ABC News · Jul 31, 2022

Live updates: Ukraine hit by 'most brutal' strike in war, Kate Middleton's yacht race and Star Trek icon Nichelle Nichols dies — as it happened

Here's your quick catch-up for this morning's news.

ABC News · Jul 31, 2022

Government acts to boost local gas supply

The competition watchdog has forecast a gas shortfall in the east coast market next year if excess supply is exported, leading to action by the government.

AAP · Jul 31, 2022

Australia facing ‘alarming’ gas shortfall in 2023 as ACCC urges producers to keep supplies onshore

Treasurer concerned after watchdog report warns of ‘substantial risk’ to nation’s energy security

The Guardian - AU · Jul 31, 2022