David Llewellyn-Smith does gas madness on ABC


Good job ABC’s The Business:

The incoming Labor Government must immediately toughen the Australian Domestic Gas Security Mechanism (ADGSM) with a $6Gj price cap or export net back that includes LNG plant capital costs, whichever is lower. Create a new regulator to enforce it. Install “use it or lose it” laws to ensure no production strike.

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.