Jun 15, 2026 – 5.00amThe Albanese government’s plan to reserve gas for domestic buyers on the east coast would cost about $2.9 billion a year in forgone revenue and infrastructure losses and could bring forward energy shortages in Australia’s south-east to next year.The stark predictions come from independent analysis carried out by financial and risk advisory firm Kroll Economics for domestic gas producer Beach Energy, whose chief executive, Brett Woods, is voicing extreme frustration with Labor’s proposed scheme.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles