Bowen says mechanism designed to limit energy price rises, if used, would have no impact until next January
- Follow our Australia news live blog for the latest updates
- Get our free news app; get our morning email briefing
The Albanese government has ruled out the early use of a gas market mechanism set up by the Turnbull government to limit energy price rises, saying it could not be activated until January and was not designed to cap prices.
The Australian domestic gas security mechanism was set up in 2017, and could not come into operation without consultation with the industry, new climate and energy minister Chris Bowen told his first media conference after being sworn in yesterday.
Sign up to receive an email with the top stories from Guardian Australia every morning