East coast state governments were craven and stupid. They took royalty deals and didn't require supply continuity and exposed their voters to world prices.
500% domestic price rises.
https://www.macrobusiness.com.au/2024/06/japan-and-albo-rort...
"Cheaper" for the state of Victoria to re-import the gas already exported e.g. by Queensland to Japan at a loss (when subsidies and cleanup costs added - no security deposits to cover the cleanup of abandoned sites and offshore drilling rig abandoned offshore).
Liberal petro-lobbyists using their failed policies as a reason to start fracking farmland.
Gross failures in governance, because the entrenched system of post-politics "jobs for our mates" are awarded to the political stooges.
IIRC pretty much every single Australian mining or resources minister post-politics works for the same companies they gifted billions to as a legislator.