Anthony Albanese (Grayndler, Australian Labor Party, Prime Minister) Share this | Hansard source

I'm asked about where fuel supplies are, and I'll tell you where they're not. That's in the four refineries that shut on their watch. That's the whole point here—four out of six. I'll tell you where they're not also, Mr Speaker. They're not in Texas, which is where they had their fuel security under this minister.

Australia is fuel secure right now. We have as much fuel coming in through our ports now as we did before the war in the Middle East began. Retailers should certainly not be using events in the Middle East to price-gouge Australians, and any retailer that makes false or misleading statements to consumers about the reasons that their prices have increased is in breach of Australian Consumer Law.

We've given the ACCC new powers to act on this and increased competition and consumer law penalties fivefold, up to $50 million. We'll continue to work to ensure that we have the fuel that we need, protecting families and primary producers so they can fill up their cars and so they can keep their farms operating.

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