Original article by Geoff ChambersMatthew Cranston
The Australian – Page: 1 & 8 : 9-Apr-25

Opposition leader Peter Dutton has released Frontier Economics’ modelling of the Coalition’s domestic gas reservation policy. It concludes that wholesale gas prices would fall by 23 per cent if LNG producers are required to redirect an additional 10-20 per cent of their output to the domestic market. This would in turn reduce households’ gas bills by about seven per cent. The cost of gas for large industrial users would fall by 15 per cent, which would have a flow-on effect across the economy. The Coalition’s gas reservation plan includes a $400m levy on east coast LNG producers in the first year; the levy is intended to cover the gap ­between the Coalition’s proposed domestic price of $10 a gigajoule and the LNG net back price.

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LIBERAL PARTY OF AUSTRALIA