Gas Market Review Consultation

Overview

We are carrying out a combined review of the Australian Domestic Gas Security Mechanism (ADGSM), Gas Market Code and the Heads of Agreement with east coast liquified natural gas exporters.

The review will examine the effectiveness of the existing mechanisms and identify possible improvements. The review will also consider long-term policy settings and reforms for Australia’s gas markets to support investment and energy security for Australia.

We are interested in your thoughts and experiences and are seeking feedback on the following, as outlined in the Consultation Paper:

• issues within the gas market based on the key themes of supply, security and trade, contracting and bargaining, market transparency, pricing and efficient wholesale markets

• the effectiveness of current policies and regulatory framework

• proposed options for reform.

Consultation documents

Gas Market Review Consultation Paper [PDF 1.1MB]
Gas Market Review Consultation Paper [DOCX 489KB]

Gas Market Review Terms of Reference [PDF 223KB]
Gas Market Review Terms of Reference [DOCX 1.0MB]

Past webinar - 10 July 2025

A Gas Market Review information webinar was held on Thursday, 10 July 2025. This webinar provided an overview of the objectives and scope of the Review, the consultation paper and information on potential reform options.

You can watch a recording of the webinar, view the slides or read the transcript below.

2025 Gas Market Review Webinar Transcript [DOCX 66KB]

2025 Gas Market Review webinar PowerPoint presentation slides [PDF 1MB]

Have your say

• Read the Consultation Paper and Terms of Reference for the review

• Make a submission to the consultation, responding to the questions in the Consultation Paper

• Submit your feedback by 5.00pm AEST on Friday, 15 August 2025.

What happens next

We will consider submissions received and provide a summary of how we have responded to your input at the end of the consultation process.

Your input will help us to make review findings and form recommendations to government. The Australian Government will consider recommendations from the review and next steps. The current regulations will remain in place until the review is finalised and changes are implemented. It is likely that further consultation on the details of any significant changes resulting from the review will occur before they are implemented.

More information

Gas Markets and the Gas Market Code

ADGSM and HoA