Reserving natural gas for Australian market wouldn't have 'good outcome', says Matt Canavan

Resources minister uses a steak analogy to argue against domestic gas reservation policy, saying rationing doesn't work in other markets

The resources minister, Matt Canavan, says adopting a national policy where a proportion of natural gas would be reserved for domestic use would not deliver "a very good outcome" because rationing doesn't work in other markets.

Canavan, a Queensland National, used a steak analogy on Monday to make his point. He said Australian beef producers currently exported a significant quantity of steak, and that practice didn't create a domestic shortage of prime cuts in butchers and supermarkets.