The Great Gas Retreat: Labor's Watered-Down Reservation Plan

The Albanese government has officially retreated from its "iron-clad" 20% gas reservation requirement, announcing draft legislation that will now demand exporters set aside "up to 20%" of their production for domestic use. This shift, confirmed by Resources Minister Madeleine King, marks a strategic pivot from a rigid mandate to a flexible "oversupply" model designed to stabilize the domestic market without scaring off the massive LNG investment in Queensland and WA. It's...