Former Victorian State premier Jeff Kennett has urged the Albanese government to do “whatever action is necessary” to force gas suppliers to enter into new contracts at or below the legislated price.
This comes as several Australian gas retailers report having supply issues since the Federal Labor government introduced its gas price cap on Dec. 23, 2022.
Kennett, who is the chairman of the Food Revolution Group, said hundreds of small manufacturers were being “threatened with closure” or operating at a loss due to the gas price hike.
“Every day the government and suppliers fail to address the failure of suppliers to write new contracts at the legislated price of $12 per gigajoule, is putting more small and medium sized businesses at risk,” Kennett said, reported The Australian….