A journey towards reform

PIAC has consistently called for greater transparency in the domestic gas market in relation to information and price. The AEMC’s final draft report has not changed significantly from previous drafts. The three major recommendations remain, and a further two have been added, one regarding market trials and the other regarding the Gas Market Reform Group’s responsibilities PIAC welcomes the opportunity to participate in this reform and looks forward to further discussions as it progresses. All stakeholders agree that the current market has flaws and while they may disagree on the detail of the solution, there are a number of opportunities in the next six months to further develop the solutions.