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Australian industry reliant on gas for ‘foreseeable future’, resources minister tells press club

The Australian flag above Parliament House in Canberra
File photograph: The Australian flag above Parliament House in Canberra. Marcus Reubenstein / Unsplash. Illustrative context, not a photograph of this reported event.
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Madeleine King says national gas reservation scheme, expected to come into effect from 2028, will reduce power prices Follow our Australian politics live blog for latest updates The resources minister, Madeleine King, says Australian industry will be reliant on gas for the “foreseeable future”, and that the national gas reservation scheme will push down power prices.

But the Western Australian MP did not put a price tag on the cost of gas under the proposal– as the former opposition leader, Peter Dutton, once did – nor predict when households and businesses would start to see that financial relief.

Read the original report at The Guardian.

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The Guardian

Source headline and summary supplied via NewsData.io. First collected by NewsJaws on 2026-10-14. This is an automated news brief, not original NewsJaws reporting. Dates reflect the source publication. Feed delays may apply.

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