James McGrath (Queensland, Liberal National Party, Assistant Minister to the Prime Minister) Share this | Hansard source

On 15 March 2017, the Prime Minister held a meeting with the leading gas producers in Australia. A series of measures were agreed that will guarantee gas availability during peak demand in the National Electricity Market, make more gas available to the domestic market, increase gas market transparency, increase community confidence in gas development and accelerate the COAG Energy Council's gas market reforms. These reforms will improve pipeline capacity and gas trading markets. Further reforms to improve the gas market will be urgently considered. The government is establishing a task force that will manage implementation of these measures and report to the cabinet energy committee. The task force has received a commitment from the industry to ensure that the domestic market has the gas supply it needs. If necessary, the government will not shirk from using the considerable powers of the Commonwealth under the Constitution to ensure this occurs.

Question agreed to.