Accc Confirms Lower Gas Prices And More Supply For Domestic Market While the short term outlook for australia’s east coast gas market has slightly improved, with a surplus forecast in both 2025 and 2026, domestic gas supply is in structural decline and future investment is uncertain. On 30 june 2025, the australian competition and consumer commission (accc) released its 25th interim report into gas supply arrangements of the east coast gas market (ecgm).
Accc Confirms Lower Gas Prices And More Supply For Domestic Market Australia’s east coast gas market will likely have enough supply from july to september 2025. domestic demand for the east coast gas market can be met without reducing gas exports. Tight gas supply eased in australia's eastern states during 2024, with a surplus higher than previously anticipated likely this year, according to the australian competition and consumer commission (accc). A fresh report from the australian competition and consumer commission on friday has eased concerns about the east coast running out of gas this year, and signalled families are likely to feel modest relief on prices. but the longer term picture for the market remains worrying. This trend reflects improved domestic availability and lower international gas prices. however, the accc identified issues in the retail market, including short offer validity periods and limited transparency in contract terms.
Domestic Gas Users Paying Too Much Accc A fresh report from the australian competition and consumer commission on friday has eased concerns about the east coast running out of gas this year, and signalled families are likely to feel modest relief on prices. but the longer term picture for the market remains worrying. This trend reflects improved domestic availability and lower international gas prices. however, the accc identified issues in the retail market, including short offer validity periods and limited transparency in contract terms. This is in line with changes in global prices and domestic supply demand. prices charged by producers to retailers from june to december 2024 for 2025 were 10% lower than for the first half of 2024, the report found. A fresh report from the australian competition and consumer commission on friday has eased concerns about the country running out of gas this year, and signalled families are likely to feel modest relief on prices. The accc has today also released their latest gas inquiry report, once again confirming that short term gas supply is sufficient, but flagging the need for further investment in the longer term. Australia is set to enjoy a gas surplus and lower prices, despite expectations of a shortfall, according to a new report from the australian competition and consumer commission (accc).
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