Jul 1, 2026 – 7.20pmOne of the nation’s big energy users and producers, Ryan Stokes, says Labor’s proposed 20 per cent domestic gas reservation will wipe out small energy companies and subsidise multinational manufacturers that are neglecting Australia’s long-term economic interests.The heavyweight pushback from the Seven Group Holdings boss came as Japanese ambassador Suzuki Kazuhiro told an event in Canberra on Wednesday that major interventions in Australia’s gas market threatened to undermine one of its most important trade relationships.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Stokes says gas ‘nationalisation’ will destroy energy supply
The pushback from Seven Group Holdings boss Ryan Stokes came as Japan said interventions in Australia’s gas market threatened its important trade relationship.
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