On 19 April 2017 the Australian Government directed the ACCC to conduct a wide-ranging inquiry into the supply of and demand for wholesale gas in Australia, as well as to publish regular information on the supply and pricing of gas for the next 3 years.

On 25 July 2019, Treasurer the Hon Josh Frydenberg MP, wrote to the ACCC extending the ACCC's inquiry into the gas market until December 2025.

On 25 October 2022, the Government extended the ACCC's gas inquiry role through to 2030.