Manufacturing Australia said that gas market reforms disclosed by the opposition in the Australian Parliament were in the national interest, according to a Friday report from the Australian.
The plan proposed by Peter Dutton, the leader of the opposition, seeks to lower gas prices to under $10 per gigajoule from over AU$14 per GJ and restrict exports of uncontracted gas into global spot markets.
The industry group said that competitively priced gas would support manufacturing in the country.
BlueScope Steel (ASX:BSL), Brickworks (ASX:BKW), Capral (ASX:CAA), Incitec Pivot (ASX:IPL), and Orora (ASX:ORA) are part of the body.
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