South Korean Business Lobby Warns Australian Gas Could be Dumped If Intervention Doesn’t Stop

South Korean Business Lobby Warns Australian Gas Could be Dumped If Intervention Doesn’t Stop
An aerial shot of Woodside's North-West Shelf gas plant in Karratha, Australia, on April 17, 2008. AAP Image/Rebecca Le May
|Updated:

South Korea’s business lobby group has warned that the Australian government’s intervention in the gas market will lead to a price hike, the same problem that the government was hoping to solve.

The comment comes after the Labor government revealed on April 26 it was considering extending its controversial price cap on wholesale gas prices until mid-2025.
Nina Nguyen
Author
Nina Nguyen is a reporter based in Sydney. She covers Australian news with a focus on social, cultural, and identity issues. She is fluent in Vietnamese. Contact her at [email protected].
twitter
Related Topics