MARKETS

Aus' gas price cap extended with some concessions

AUSTRALIA's federal government on Wednesday announced an indefinite extension to its wholesale domestic gas price cap as part of the final consultation to its mandatory code of conduct for the energy industry.

paul hunt

Aus' gas price cap extended with some concessions

The temporary $12 per gigajoule wholesale price cap was introduced in December 2022, during a quarter where gas was selling for an average of $18/GJ. Industry has contested the need for the cap, warning...

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