Australia news live: competition watchdog warns of upcoming gas shortfalls; rescued Hadi Nazari ‘keen for another hike’

The ACCC says gas prices have doubled in the last three years but fell slightly in 2024. Follow today’s news headlines live

Good morning and welcome to our live news blog. I’m Martin Farrer with the top overnight stories and then it’ll be Emily Wind with the main action.

The Australian Competition and Consumer Commission has had a look at gas prices and supply in a new report and, while it has short-term good news on the former, it has some longer-term bad news on the latter. More on this in a few minutes.

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