ACCC rejects claims gas price cap and safeguard mechanism harming new investment

1 year ago 42

Chair Gina Cass-Gottlieb says it’s not ‘accurate’ to claim the government’s policies were making Australia uncompetitive

The competition regulator has rejected gas companies’ claims that the emergency price cap and emissions reduction policies are making Australia uncompetitive for gas projects.

The chair of the Australian Competition and Consumer Commission, Gina Cass-Gottlieb, said it was not “accurate” for companies to claim the Albanese government’s gas price cap and safeguard mechanism were harming new investment.

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