‘Our gas, our prices’: Ed Husic breaks ranks with Labor to demand an end to ‘profiteering’ by exporters

Labor MP backs independent’s call for cheaper energy on the east coast by forcing producers to sell cheaper fuel for Australian use

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Ed Husic has demanded strong action to end “profiteering” among gas exporters and to force them to sell cheaper fuel for Australian use, as the former industry minister broke ranks with his Labor colleagues to support an independent MP’s motion regarding energy prices on the east coast.

In a stinging rebuke to what he called Australia’s “timid” approach to gas market regulation, Husic delivered an impassioned speech in parliament where he said “tinkering at the edges” of reform would not fix a “fundamentally distorted” gas market.