NSW households are set to be slugged with an increase of up to $225 a year on their gas bills as of July 1, as the start-up of LNG exports from Queensland places a squeeze on east coast supplies.
The hikes recommended by the state pricing regulator, IPART, on Wednesday have been met with alarm by consumer groups, which have warned that households can ill afford new costs after years of spiralling electricity prices.
Photo: SMH/ Bloomberg