Liberal Party’s National Gas Plan Aims to Tackle Rising Energy Costs in Australia

by Team Confer · April 9, 2025
The Australian Liberal Party, led by Peter Dutton, has announced a National Gas Plan aimed at securing domestic gas supply and reducing energy prices for Australians. The plan includes an East Coast Gas Reservation scheme designed to increase domestic supply, potentially adding 50 to 100 petajoules to the market, and thereby driving down prices. This initiative is seen as crucial amid rising household bills, with gas prices increasing by 34% and electricity by 32% under the current government. Dutton’s policy is expected to decrease household gas bills by about 7% and electricity bills by around 3%, offering relief to both residential and industrial consumers. The Liberal Party argues that this approach will help mitigate the cost of living crisis and support local manufacturing by ensuring a more stable energy supply.

Context & Background

Australia is facing significant challenges in balancing energy supply with cost and sustainability. The Liberal Party’s National Gas Plan reflects broader efforts to manage rising energy costs and maintain economic stability. Historically, Australia has relied heavily on fossil fuels, but the push for renewables has been ongoing amidst concerns about climate change and energy security. The current political landscape sees both major parties grappling with how to ensure affordable and reliable energy, with the Liberal Party advocating for a balanced approach that includes gas, nuclear, and renewables.

In This Story

Peter Dutton

Peter Dutton is the current Leader of the Opposition in Australia and the leader of the Liberal Party. He has been a key figure in Australian politics, previously serving as Minister for Defence and Minister for Immigration and Border Protection. Dutton is known for his conservative stance on various issues and has been a vocal advocate for securing Australia’s energy needs.

Liberal Party of Australia

The Liberal Party of Australia is one of the major political parties in Australia. It is traditionally associated with conservative policies and has led various coalition governments in the country. The party emphasizes economic growth, reduced government spending, and stronger national security.

Australian Gas Market

Australia’s gas market is crucial for both domestic energy supply and international exports. The country is rich in gas reserves but faces challenges in balancing domestic demand with export opportunities, leading to debates about reservation policies and energy pricing.

You may also like