Energy markets are ‘absolute havoc’

Treasurer Jim Chalmers says energy markets are “absolutely devastated” and the government will have to “do more” by working with regulators to “reform the code of conduct” that applies to gas prices.

“High gas prices are putting a lot of pressure on Australians and Australian industry,” Mr Chalmers told a news conference on Friday.

“We will try to do more in this area,” he said.

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