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POLICY

Unpicking the gas price cap

THE Australian government's new policy on wholesale gas prices will impose a $12 per gigajoule price cap on contracts for 12 months, but the devil in the detail is still to be determined with broad regulatory powers proposed.

paul hunt
Unpicking the gas price cap

  According to a consultation policy paper released late Friday, the government will cap prices at more than half of the prices seen at the domestic hub Wallumbilla. This year has seen spot prices...

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