The Latest Breaking News from Gas Prices

Prime minister says opposition’s stance was a vote for high power prices after package capping gas prices and funding consumer rebates is legislated

An extraordinary move to temporarily cap gas prices will slow runaway electricity costs, but Australians should still expect to see their bills increase next year.

UK inflation hit a 41-year high in October as gas prices soar

The federal Greens are lending their support to a plan to cap coal and gas prices and provide energy bill relief in return for a funding package to help households and businesses get off gas faster.

Energy analysts explain why much of the world can expect high prices for at least the next two years.

European Union energy ministers meeting in Brussels on Tuesday failed to strike a final deal on a bloc-wide cap on natural gas prices, after months of debate between countries over whether the measure can ease Europe's energy crisis.

The German government is denying reports that it plans to ban energy price increases next year. Rather, it says it plans to require energy companies to prove that any increases in electricity or natural gas prices are necessary before it will allow them. Companies would have to prove that they…

'Aftershocks of Covid-19, Putin’s war and high global gas prices' will all continue to impace, it was warned

Industry chief Samantha McCulloch says the federal government's plan to cap gas prices will "unravel" Australia's open market economy.

We evaluated 10,000 electric cars covering some 100 million miles and the findings are indeed very eye-opening.

The Greens will have the balance of power in the Senate as parliament is recalled to pass the federal government's energy bill relief measures.