Opposition Leader Peter Dutton has vowed to take immediate action to secure domestic gas supplies, proposing that gas giants set aside up to 20 percent of their output for local use. This move aims to slash wholesale prices by 40 percent, addressing rising energy costs for Australians.
In his budget reply speech on Thursday, Dutton emphasized that “energy is the economy,” outlining a vision that includes a commitment of $1 billion to expand the east coast gas market. This initiative will focus on increasing gas pipelines and storage capacity, ensuring a more robust energy infrastructure.
In addition to energy reforms, Dutton highlighted plans to enhance youth mental health services, establish targets for more apprenticeships, and raise the instant asset write-off for businesses to $30,000. He expressed a desire for small businesses to feel empowered to take risks rather than shutting their doors.
Speaking against the backdrop of the government’s announcement of an election set for May 3, Dutton warned that Australians are facing a “sliding door moment,” with the prospect of enduring “another three bleak years” under Prime Minister Anthony Albanese.
Dutton also pledged to dismantle Labor’s “Future Made in Australia” agenda, proposing the elimination of $16 billion in legislated production tax credits aimed at critical minerals and green hydrogen projects. His bold proposals signal a clear intention to reshape Australia’s energy landscape and economic priorities.
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