New gas reservation policy very vague

Thursday 8 June 2017

Via Macquarie:

One minister to rule them all

 The Australian Government quietly released its draft policy regarding LNG export limits. The policy is set till 2023, a shortfall is at the Resource Minister’s discretion, and though meant to be in force July 1, still lacking critical details.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.