Tim Ayres (NSW, Australian Labor Party, Minister for Industry and Innovation) Share this | Hansard source

I thank Senator Ghosh for that question. This is a landmark Labor reform, delivering cheaper gas for Australians and shielding the economy from global shocks. It gives our manufacturers and industry the confidence they need to invest in industrial capability, and it respects export contracts with our trading partners, preserving the trading relationships that are essential for our fuel security. This is the key to Australia's energy sovereignty. Look at what the similar Western Australian gas reservation has delivered: more gas at lower prices, higher manufacturing investment, and good blue-collar jobs in Perth's outer regions and the industrial suburbs. That is what our reservation strategy will deliver for Australia and Australians.