The head of Australia's leading building and construction materials company has said that the development of coal seam gas is critical to the future of the national economy.

Mike Kane, chief executive of Boral, told Channel Nine’s Financial Review Sunday the development of coal seam gas will play a pivotal role in bringing down Australia’s exorbitant energy costs, which are impeding the competitiveness of the country’s manufacturing sector. According to Kane, failure to develop the domestic coal seam…