Published: November 11, 2020
Not only would no more exporting lead to lower gas and electricity prices, it would deliver a lower exchange rate as well
While it might seem heretical to suggest we stop exporting gas, it’s important to remember that we only started exporting gas from Australia’s east coast in 2015. But since that fateful day, the wholesale price of gas has risen from around $3 to $4 per gigajoule in 2013 to around $10 last year. The impact of these higher prices has been devastating for some manufacturers.
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