Australia risks turning away foreign investors if the Albanese government introduces a gas price cap to lower power bills or resorts to other market intervention, according to former West Australian Labor treasurer Ben Wyatt, who spoke out as an energy war intensifies between the states.
South Australian Energy Minister Tom Koutsantonis on Friday called NSW a “national disgrace” for dragging its feet on approving the Narrabri gas project in an interview with AFR Weekend in which he opposed a national coal and gas reserve and other forms of intervention to drive down prices.
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Samantha Hutchinson is the AFR's National Reporter. Most recently, she was CBD columnist for The Sydney Morning Herald and The Age. Before that, she covered Victorian and NSW politics and business for The Australian, the AFR and BRW Magazine. Connect with Samantha on Twitter. Email Samantha at samantha.hutchinson@afr.com.au
Mark Ludlow writes on politics, energy and infrastructure based in Brisbane. Connect with Mark on Twitter. Email Mark at mludlow@afr.com
Michael Read is the Financial Review's economics correspondent, reporting from the federal press gallery at Parliament House. He was previously an economist at the Reserve Bank of Australia and at UBS. Connect with Michael on Twitter. Email Michael at michael.read@afr.com
