Watch FIFA World Cup 2026™ LIVE, FREE and EXCLUSIVE

Ukraine war will continue to put pressure on households' - Treasurer

JIM CHALMERS PRESSER

Treasurer Jim Chalmers at the media conference at Parliament House Source: AAP / MICK TSIKAS/AAPIMAGE

The Federal government has defended its move to cap the price of wholesale gas as major energy retailers report they can no longer secure supply from producers. Treasurer Jim Chalmers has warned producers they're being watched, to make sure they comply.


The federal government passed laws to impose price caps on wholesale gas, right before Christmas, and to enshrine a mandatory code of conduct which is yet to be finalised.

The federal government says the price caps will be reviewed in six months, to make sure they're working as intended.

It comes as energy retailers - including A-G-L stop taking new commercial and industrial customers, as they struggle to secure supply.

In the meantime, the government has promised to spend one-point-five billion dollars on energy bill relief, in the upcoming May budget.

Download the free SBS Radio app to listen live and on-demand or explore podcasts.

https://podfollow.com/sbs-japanese

Visit our Facebook for more Japanese stories and images.


Share

Follow SBS Japanese

Download our apps

Listen to our podcasts

Get the latest with our exclusive in-language podcasts on your favourite podcast apps.

Watch on SBS

SBS Japanese News

Watch it onDemand

Watch now