
Ed Husic on innovation, migration and standing up to gas companies
Australian Politics
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Is the Gas Trigger a Trigger for Australian Industry?
Manufacturers are not being iven contract prices that are in line with what people have received. A lot of manufacturers, if i can put it this way, they made a bet. They thought spot prices would stay at a level until they got a better contract. And then we saw what happened earlier in winter when those prices went through the roof. I'll say it again, these are multinational companies extracting an australian resource, selling to international customers at a price that's squeezing australian industry. To make what they get happen, it requires co ordination and co operation from a lot of people. And they should just, i frankly,. think they need to remember that.
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