The one fact that always seems to elude the gas debate is that 71% of east coast gas goes to China. That is, the gas cartel is utterly beholden to its Chinese customer and is, indeed, partly owned by it.
There are two very concerning angles to this.
The first is that, in effect, the villainous gas cartel is Chinese proxy tool of economic warfare upon Australia. The weapon is inflation and it is used mercilessly to impoverish households, as well as gut industry, denuding Australian wealth and hollowing out its industrial base.
