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Coalition releases long-awaited modelling showing energy plan could drive down household gas bills by 7%

Peter Dutton says policy would be ‘gamechanger’ despite experts questioning whether it would work

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The Coalition’s plan to create a domestic gas reservation for the east coast would drive down household gas bills by 7% and industrial gas bills by 15%, newly-released estimates.

The opposition’s long-awaited modelling by Frontier Economics, released on Tuesday evening, estimated the changes would bring down new domestic gas supplies to $9 or $10 a gigajoule, and came after experts shed doubt on whether the policy could drive down prices through a government market intervention.

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