Elected Coalition government would create a $1 billion gas war chest, under plan to cut prices by 3pc

If elected, the Coalition government plans to establish a $1 billion gas war chest to cut household energy bills by 3%, with Peter Dutton unveiling the gas reservation policy at the Sky News leaders’ debate. The National Gas Plan includes measures like an East Coast Gas Reservation scheme, increased gas supply, and reduced wholesale prices by 23%, benefiting both households and industries. The plan aims to enhance energy security, encourage long-term gas contracting, and support smaller players in the market while defunding the Environmental Defender’s Office.

Full Article