Dept of Climate Change, Energy, Environment & Water
The Australian Government is conducting a joint review of gas market regulation.
This joint review includes:
- the Australian Domestic Gas Security Mechanism
- the Gas Market Code
- the Heads of Agreement with east coast liquified natural gas exporters.
A combined review ensures that consideration of gas market regulation is effective and efficient. This will help to improve outcomes for market participants and minimise regulatory burden.
The review will focus on key gas market issues and will examine:
- the effectiveness of current policies and regulations
- whether the regulatory interventions remain suitable
- opportunities for streamlining and consolidating the regulatory approach
- alternative approaches to address current challenges.
/Public Release. View in full here.
