Global oil and gas companies are reporting record-breaking profits, driven primarily by war-related disruptions to the global energy market, most notably gas. The underlying assumption of an effective market delivering more supply is simply not working, and the consequences are horribly high costs for businesses and households across the world. Australia is no exception.
This submission addresses the issue of a mandatory code of conduct with a reasonable-pricing provision in the Australian gas market.
Tony Wood
Alison Reeve
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