House debates

Tuesday, 15 June 2021

Bills

Fuel Security Bill 2021, Fuel Security (Consequential and Transitional Provisions) Bill 2021; Second Reading

1:29 pm

Photo of Rick WilsonRick Wilson (O'Connor, Liberal Party) Share this | Hansard source

Given that there is a very short period available to me, I'll just make some introductory remarks. Hopefully I'll have the opportunity to continue later on this afternoon. I rise today to support the government's Fuel Security Bill 2021. One of the key components of the bill will be a fuel security services payment, which will incentivise the existing refineries to continue production until at least mid-2027. This fuel security services payment is, in effect, a subsidy of up to 1.2c per litre, under a collar system.

Comments

No comments