We are seeking your views on the proposed design of the Gas Mandatory Code of Conduct.
On 9 December 2022, the Prime Minister announced a suite of measures to shield Australian families and businesses from the worst impacts of predicted energy price spikes. These measures included introducing a mandatory code of conduct for the wholesale gas market. The Code’s central objective is to facilitate a well-functioning domestic east coast gas market with adequate supply at reasonable prices and on reasonable terms for both producers and consumers.
This is the second formal consultation opportunity on the design of the Code. The first round of consultation closed in early 2023. The feedback received has informed the design of the draft regulations, which is the focus for this round of consultation.
Large gas producers are asked to make submissions on the supply and price commitments they would be prepared to make in the context of the proposed exemption framework by 8 May 2023, to facilitate consideration ahead of the conclusion of the consultation period.
To have your say:
read the consultation paper and draft regulations (the Code)
make a submission or provide comment.
Submit your feedback by 5pm (AEST) 12 May 2023.
Direct your enquiries to gasmandatorycode@dcceew.gov.au.
