The federal government has asked for an independent report on gas prices.
Since 2010 the Australian Energy Market Commission (AEMC) has reported annually on residential electricity price trends.
But there is no similar reporting on gas prices and their future trends.
Business, industry and households are feeling the effect of rising wholesale gas prices resulting from the tight eastern gas market and limited supply competition.
The complex web of deregulated markets in most states and territories and wholesale gas contracts has made it difficult to work out what is driving residential and industrial prices.
The federal Industry department has sought a contractor to report on gas prices and their trends.
According to the tender documents for the report, it will look at the cost components of the gas supply chain and examine 10-year historical trends of prices and costs for residential and industrial gas for each state, territory and nationally.
The report is due by mid-June.
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