Gas price caps will have ‘huge consequences’ on budgets

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Gas price caps will have ‘huge consequences’ on budgets
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Australian Industry Group Chief Executive Innes Willox says there are “huge consequences” for government budgets if price caps are implemented, but there is “no option” to not do anything.

“The least worst option, really, is supply, but that’s not going to happen immediately,” Mr Willox

told Sky News Australia.“At the moment we’re paying astronomical prices that are just going to get worse.”

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