The federal government is being urged to consider intervening in the energy market, amid concerns of a gas shortage that could lead to higher prices, according to the latest report by the consumer watchdog.
Recommendations from the Australian Competition & Consumer Commission (ACCC) could provide a trigger for the Australian Domestic Gas Security Mechanism which would force exporters to hold back gas for local use.
Grattan Institute energy program director Tony Wood says there's a case for a windfall profits tax to encourage gas producers to hold back enough gas for domestic use.
Here's my analysis on AM and ABC Newsradio
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