Dutton reveals details of campaign pledge to cut power prices
- Dutton revealed a policy to cut gas prices by 15% by keeping more Australian gas for local use instead of exporting it.
- He believes that lowering prices for Australians is more important than profits.
- Dutton's proposal includes creating a domestic gas reserve to ensure local supply, aiming to reduce wholesale gas prices significantly.
- Energy officials warned that southeastern Australia faces a gas shortage in three years, with no new resources to replace drying offshore fields.
20 Articles
20 Articles
AUSVOTES ECONOMIC FACTS #2: Energy prices are plummeting
The economy is a dominant issue in the Election. From now until polling day, Independent Australia will outline some key facts on the economy that put the kybosh on many of the myths, lies and distort...
Dutton’s Gas Plan Promises Lower Power Bills, but Not Until 2026
Federal Opposition Leader Peter Dutton has unveiled new modelling to support his proposed East Coast Gas Reservation policy, revealing it could reduce household electricity bills by around 3 percent by 2026. The analysis, conducted by Frontier Economics and released nearly two weeks after the plan’s initial announcement, coincided with the first leaders’ debate of the federal election campaign. According to the modelling, wholesale gas prices wo…
Energy costs are becoming increasingly hard to bear for fewer households. Lowering the VAT on electricity could quickly make the bill financially manageable for hundreds of thousands of households, the Consumers' Association and numerous energy experts argued in the Lower House on Wednesday.
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