Malcolm Turnbull (Wentworth, Liberal Party, Prime Minister) Share this | Hansard source

As I have just described to the House, the government's policy has already resulted in lower prices and more gas coming onto the market. The minister's determination, which is a determination that puts precise restrictions on exports, is one that was taken after a considerable amount of consultation and information and advice. And that comes from the agencies, from ACCC, from AEMO; it obviously requires a lot of consultation and insight into what's going on in the industry. As honourable members will have heard, there is more gas coming into the market as we stand.

So honourable members can be assured that we, unlike the opposition, are committed to Australians having all the gas they need, and that will mean they will have lower prices. The policy is already working. We are getting the result that we need, and the minister will make the determination at the appropriate time when he has sufficient information to do so.

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