Displaying items by tag: Gas prices

Australia’s competition watchdog the ACCC has called for stronger measures to be taken to keep high gas prices in check, saying there is a need to ensure businesses and households are not paying more for gas than would be expected in a well-functioning market.

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Gas prices fell significantly during the past year, driven in part by the COVID-19 pandemic, but the competition and consumer watchdog, the ACCC, has flagged that lower prices may not last, with the risk of a supply shortfall remaining.

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