28 07, 2021

The Average Electricity and Gas Bill in Australia: How Much Is It?

2021-07-28T14:54:36+00:00July 28, 2021|Categories: Natural gas prices|

Households and manufacturing businesses in Australia have been suffering for years due to rising electricity and gas prices. Even worse, experts predict that prices will only continue to grow. The underlying causes behind these increases differ between the two utilities. Taking a look at the average gas bill and the average electricity bill for Australian households can help to shed [...]

13 05, 2021

Australia’s Natural Gas Price Forecast

2021-07-01T11:34:43+00:00May 13, 2021|Categories: Natural gas prices|

What is Australia’s natural gas price forecast? The natural gas price will stay high in all states except Western Australia (WA), forecast the Reserve Bank of Australia (RBA). Gas producers sell the fuel on long-term contracts and wholesale. The prices in both markets will likely remain higher than the pre-2015 level.de Atholia, T. & Walker, A. (2021). Understanding the [...]

21 04, 2021

Gas Prices in Australia: Why Are Prices So High?

2021-07-01T11:25:45+00:00April 21, 2021|Categories: Natural gas prices|

What is the price of gas in Australia? The price of gas in Australia's eastern states dropped from AUD $8-$14 per gigajoule (GJ) in 2019 to AUD $6-$8 per GJ by mid-2020. This is because gas prices fell worldwide in early 2020.Canstar Blue. (2021). Wholesale Gas Prices are Down but Aussies Still Pay too Much. [online] Available at: https://www.canstarblue.com.au/gas/gas-prices-down-feb-2021 [Accessed [...]

21 04, 2021

Why Natural Gas Prices in Australia Are Unsustainable

2021-07-01T12:35:49+00:00April 21, 2021|Categories: Natural gas prices|

Natural gas prices in Australia do not make much sense. Australia is the world’s largest exporter of liquefied natural gas (LNG). Yet, domestic gas prices have risen by more than 130 per cent since LNG exports at Gladstone, Queensland began in 2015 [...]

21 04, 2021

Australia’s Natural Gas Prices in 2021: Trends, History and Future

2021-07-01T12:36:51+00:00April 21, 2021|Categories: Natural gas prices|

Australia’s natural gas prices 2021 reflect an industry that is out-of-date and in decline. Queensland’s natural gas consumers are currently paying 51 per cent above the equivalent export prices. Natural gas production sets the price for electricity in Australia. Therefore, every electricity consumer is overpaying on [...]

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