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Attorney General probed over gas company shares

NSW Attorney-General Gabrielle Upton has been accused of breaking Cabinet rules by joining in debate about gas policy despite owning $50,000 of shares in a power company.

Ms Upton took offence when Labor MP Paul Lynch questioned whether her colleagues had known she held shares in Real Energy while Cabinet considered the deregulation of gas prices.

"The question from the shadow attorney-general is disgraceful," she said.

"My disclosures are on the record.

"Everything is there to see, including my pecuniary interest statement."

With no answer forthcoming, Mr Lynch again asked: "Did she excuse herself from the discussions on the deregulation of gas prices?"

Ms Upton called the move a "cheap tactic" to get her to break Cabinet confidentiality.

"I pride myself on conducting myself with integrity," she said.

"No matter what members opposite throw at me, I act with integrity.

"I always have and I always will, and I will not breach Cabinet confidentiality."

The Baird government last month announced plans to remove regulations on gas prices from mid-2017 to promote competition between suppliers.

It followed the deregulation of electricity prices that led to 400,000 households and businesses switching providers to get a better deal in the past year.

-APN NEWSDESK


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