Manufacturing Australia (MA) is a CEO-led coalition of Australia's largest manufacturers who working with all sides of government, business and community to help the sector realise its full potential.
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Australia’s high energy costs and declining energy security are damaging the ability of local manufacturers to compete globally, impacting both potential and current manufacturing investments.
Manufacturing Australia (MA) is supportive of regulation that aims to ensure security of gas supply to the Australian domestic market for the benefit of households and industry. Equally MA is supportive of regulation that aims to ensure that not only is supply secure but that prices for gas are reflective of the cost of production and not artificially inflated by shortfalls in supply, supply scarcity or lack of market competition.
Manufacturing Australia today met with The Hon Malcolm Turnbull, Prime Minister, to discuss the Federal Government’s intervention in the gas market, which, if implemented quickly and carefully, could provide a breakthrough in the gas and energy crisis threatening Australian manufacturing.