Overview
The government agreed to the Gas Market Review, which recommended fundamental reforms to improve the gas market, including a domestic gas reservation scheme. These reforms will ensure that there is sufficient natural gas supply to meet the needs of Australian energy users, where and when it is needed, and to put downward pressure on prices.
To ensure that reserved gas is available and accessible, these reforms will also improve the way gas is bought and sold in Australia by enhancing market functions and trading efficiency. The outcomes of the Gas Market Review are intended to create a long-term stable regulatory environment that supports domestic energy security and affordability.
The department and the Department of Industry, Science and Resources (DISR) invite interested stakeholders to provide input to support the detailed design and implementation of the agreed reforms, including the domestic gas reservation scheme principles and targeted market efficiency measures.
Consultation documents
Have your say
To have your say:
read the Gas Market Review Report findings and recommendations (pages 7 to 15)
provide written input, specifically on the design of the agreed reforms and how they could best be implemented in an efficient manner. This includes the design of a domestic gas reservation scheme based on the key principles identified by the Review, as well as market efficiency reforms, transitional arrangements for implementation and how they should operate for affected businesses.
