Tag #Gas Reservation Policy

What immediate actions is the Australian government taking to address the cost-of-living crisis and ensure sufficient domestic gas supply?

Australia's Treasurer Jim Chalmers announced a six-month extension to energy rebates to alleviate cost-of-living pressures, emphasizing a responsible approach to budget management. He also stated the government is reviewing the gas industry to ensure sufficient domestic supply, leaving open the possibility of a gas reservation policy. The budget, to be released tonight, aims to protect the economy from global shocks.