Ed Husic says industry is ‘completely tone deaf’ to appeals on prices and he’s ‘considering a wide range of interventions’
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The federal industry minister, Ed Husic, has condemned the “tone deaf” gas sector for failing to do the right thing by domestic consumers, despite warnings from government, saying there had been a “glut of greed” in the corporate pursuit of higher prices.
Flagging a suite of reforms to address soaring gas and electricity prices, Husic confirmed a mandatory code of conduct was in the works to try to ensure more affordable domestic gas supply.
Continue reading…Ed Husic says industry is ‘completely tone deaf’ to appeals on prices and he’s ‘considering a wide range of interventions’Follow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcastThe federal industry minister, Ed Husic, has condemned the “tone deaf” gas sector for failing to do the right thing by domestic consumers, despite warnings from government, saying there had been a “glut of greed” in the corporate pursuit of higher prices.Flagging a suite of reforms to address soaring gas and electricity prices, Husic confirmed a mandatory code of conduct was in the works to try to ensure more affordable domestic gas supply.Sign up for our free morning and afternoon email newsletters from Guardian Australia for your daily news roundup Continue reading…