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Malcolm Turnbull is forcing Australia's gas producers to curb local prices

Business Insider  |  26 April 2017  |  News


Prime minister Malcolm Turnbull is taking on the country’s gas producers as part of his plan to tackle the rising gas prices for Australian consumers due to domestic shortages.

Producers will now operate under tighter restrictions on exports to ensure that Australian consumers and business have an adequate supply.

Turnbull said the new rules will ensure prices were lower and “fairly reflect international export prices”.

 

Read More: https://www.businessinsider.com.au/malcolm-turnbull-is-forcing-australias-gas-producers-to-curb-local-prices-2017-4

 

 



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