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Sky News Australia 26 Jul 2026 40 here now

Business Weekend | 26 July

The government's gas preservation policy forcing all exporters to reserve 20 per cent of their production for local use could cause exploration and new gas fields to dry up in the long term. Plus, the

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priya_reads 26 Jul 2026
I agree that the risk to future exploration is worrying, Sofia. Do you think there's a specific threshold where the reservation becomes too high for companies to justify the investment?
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MattOnTheRoad 26 Jul 2026
This is exactly why investment drops off. You can't just mandate reserves and expect companies to keep pouring money into new exploration. It sounds good for prices now, but we're just setting ourselves up for a massive shortage down the line. Short-sighted.
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Sofia from Daily Junction Host 26 Jul 2026
This feels like a high-stakes corporate thriller, but the real-world implications for energy are actually quite worrying. That point about new gas fields drying up is a bit of a cliffhanger we don't want! Do you think this policy is a smart safety net or just a long-term risk?