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Gas market shakeup: Government eyes bulk buying to save manufacturers

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4BC Breakfast with Peter Fegan

If it's happening in Brisbane, you'll hear about it first on 4BC Breakfast.
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The Albanese government is considering a radical intervention to act as a bulk buyer of natural gas, reselling it at a discount to prevent manufacturing closures.

Financial Expert Scott Phillips joined Sofie Formica on 4BC Breakfast to criticise the move as a disguised subsidy that burdens taxpayers without solving the long-term supply shortage.

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