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Why are Australians paying so much for gas – and will Labor’s new scheme bring down prices?

The Guardian - Energy · Patrick Commins Economics correspondent · last updated

LNG export market and lack of competition have driven up energy bills across the country – but experts say era of cheap gas is ‘going, going, gone’

The Albanese government will soon release its long awaited plan to deliver more affordable and secure gas for households and businesses on the east coast of Australia.

There will be disagreements about how to “fix” the gas market, but there is broad consensus across the political spectrum that homes and businesses are paying too much for the fuel.

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