Gas reservation will be the election’s biggest loss

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All opinion polls are pointing to an easy Labor victory at this weekend’s federal election.

Two-party preferred vote

Sadly, a Labor victory will jettison the single best policy proposal of the campaign: the reservation of East Coast gas for domestic use.

The Coalition’s policy promised to quarantine uncontracted gas sold on the spot market for domestic consumption.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.