MARKETS

$10B rescue mission needed

AT LEAST $10 billion of additional new gas developments could be needed on top of already planned investment of about $40 billion over the next 15 years to stop eastern Australia’ gas shortages worsening out to 2030, McKinsey & Company says.

$10B rescue mission needed

Industry and government face the choice of making that investment early to supply the market's full demand potential from domestic sources or investing later to deliver less supply from a reduced and more...

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