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Gas producers warn to prove they have domestic supply for next year, or face 'gas trigger' restrictions

The Minister of Resources has informed gas producers that the federal government intends to withdraw “gas triggers” to limit their exports, unless they can prove that the country is not facing a gas shortage by 2023. Key points: The federal government has warned it will withdraw the “gas trigger” if supplies for next year are not guaranteed Gas industry says Australia is not facing a gas shortage, contrary to warnings Government will work to reform gas triggers and renew them by 2030 Madeleine King said she would issue a notification to suppliers, the first step towards enforcement of the Domestic Gas Supply Mechanism, directing them to provide a detailed response on supply and export forecasts for next year. Consumer watchdogs have warned that despite Australia’s abundant gas supplies, the outlook for next year is “very concerning”, with most of that supply slated for export. It warns the government to consider intervention or risk a gas shorta...

South Melbourne Market stall owners warn prices could rise if their rents go up

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“We never asked about a rent increase, and we understood that,” he said. “[But] quite difficult at the moment.” Zahos admits that the organizers are not putting up his rent during the 2020 and 2021 COVID-19 lockdowns and he expects an increase this year. However, he said, after lost revenue due to the pandemic and rising costs due to inflation, the proposed amount was extraordinary. He also declined to disclose the amount. Fresh produce stalls remained open during the lockdown, while other stalls were forced to close. Another stall owner who spoke to Sunday Time did so on the condition of anonymity, fearing it might affect negotiations. One woman, whose rent could increase by about 30 percent, accused the committee of being a bully. “They’re going to basically bankrupt our business … during a recession, during a pandemic,” he said. The woman said she felt pressured to give her financial records. “That is outrageous, disgusting behavior. We w...