Gas companies could’ve ‘done more sooner’ to bring down energy prices

  • 📰 SkyNewsAust
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 78%

Business News News

Business Business Latest News,Business Business Headlines

Industry and Science Minister Ed Husic says the government should not be in a position where it has to “contemplate a very strong range of actions” to reign in energy prices on behalf of households and businesses.

“We’ve got a cabinet process that we’re going through, we’re thinking through various options to respond to a problem that people want us to deal with, which is the expected increase in energy prices over the next year,” Mr Husic told Sky News Australia.

“I’ve been very vocal on the need to get prices down from an industry perspective, and I do think the gas companies could’ve done more sooner on that.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Very easy to fix. Increase supply and keep low cost power plants running until alternatives are in full operation

But you are in this position, unlike WA whose state government took strong action over a decade ago and do not have this shortage or price rise problem. Get on with it.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in BUSİNESS

Business Business Latest News, Business Business Headlines