Australia’s coal and gas exports are tied to global fossil fuel prices, and when these prices rise, local electricity costs increase.

As one of the world’s largest gas exporters, Australia has no shortage of gas, yet multinational gas export corporations control nearly 80 percent of the country’s gas and its reserves.

Executive Director at the Australia Institute, Richard Denniss, joined Sofie Formica on 4BC Afternoons to discuss Australia's gas prices. 

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