Joel Fitzgibbon (Hunter, Australian Labor Party, Shadow Assistant Treasurer and Revenue) Share this | Hansard source

My question is to the Prime Minister. Is the Prime Minister aware that the last time petrol prices in Australia were at $1.15 per litre crude oil was around $US60 per barrel, compared to the budget forecast of more than $US70 per barrel and current prices of around $US74 a barrel? Why then did the Prime Minister tell the Australian people on Sunday that petrol prices could soon fall to $1.15 a litre, contradicting the Treasurer’s own budget estimates? Prime Minister, can you please explain to the House the basis for your comment about petrol prices falling to $1.15 a litre?

See this speech in context