Gas: too good to burn?
Australia’s gas prices are rising sharply. Over the last five years, network charges have driven up retail gas prices by 36% in real terms. Next year, liquefied natural gas exports from Queensland will earn big export dollars but mean that our domestic prices will increase by at least 100% and this will flow through to Australian customers, both households and businesses. In this Policy Pitch event, Grattan Institute’s Tony Wood with Jo Benvenuti and Brian Green, discussed what this dramatic change means for our gas bills, whether we could or should switch away from gas and whether we could see a situation in which our gas is priced out of the market.