Australian industry reliant on gas for ‘foreseeable future’, resources minister tells press club
OMEGAZEPRIME News
This story was selected and curated by our editorial team in the Australia news category. Published on October 14, 2026 • Originally reported by Sarah Basford Canales. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
This story was selected and curated by our editorial team in the Australia news category. Published on October 14, 2026 • Originally reported by Sarah Basford Canales. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
Madeleine King says national gas reservation scheme, expected to come into effect from 2028, will reduce power prices
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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.
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