If he prevails at the ballot box, Anthony Albanese should quickly make a speech recalling Labor’s very different relations with Beijing to show that diplomacy, not bellowing, retains salience.
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Via The Australian comes another useless sop to the gas export cartel:
Scott Morrison has struck a two-year deal with large east-coast LNG exporters to offer uncontracted gas first to Australian companies, in a bid to keep prices down and lower costs for manufacturers as part of the government’s COVID-19 recovery plan.
But the deal, signed on Wednesday night in Gladstone by the Prime Minister and Queensland’s three LNG producers, avoided formal price controls, which some big manufacturers had pushed for but were strenuously resisted by the LNG industry.
“Gas is critical to our economic recovery and this agreement ensures Australian businesses and families have the gas supply they need at the cheapest possible price,” Mr Morrison said. “This is about making Australia’s gas work for all Australians, while also supporting economic growth and backing important regional jobs in our expanding LNG sector.