SGH CEO Ryan Stokes: Australia may face gas shortages in 2026

SGH CEO Ryan Stokes warned of potential gas shortfalls in Australia’s southern states by Q3 2026, citing strict regulations and price controls. He urged the government to reform policies to lower energy costs and increase supply investment. SGH expects modest EBIT growth this fiscal year, bolstered by its Boral, Westrac, and Coates businesses, while Stokes is open to further acquisitions. Additionally, he supports the acquisition of Seven West Media by Southern Cross Media to enhance media scale and opportunities.

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