House debates

Thursday, 26 March 2026

Bills

Treasury Laws Amendment (Doubling Penalties for ACCC Enforcement) Bill 2026, Fair Work Amendment (Fairer Fuel) Bill 2026; Second Reading

10:18 am

Photo of Jo BriskeyJo Briskey (Maribyrnong, Australian Labor Party) Share this | Hansard source

What we have just heard from those opposite is not a genuine attempt to help struggling Australians. It is a blatant political tactic dressed up as concern. The coalition comes into this place claiming to stand for households under pressure and to speak for families doing it tough, but, when it has mattered, where have they been over the last three years? They have consistently voted against every single cost-of-living relief measure that we have put through this parliament. When there is real opportunity to act in the national interest, they always abandon responsibility and reach straight for fear, distortion and political gain.

They want Australians to believe that they're on their side, but Australians can see right through it. Instead, what we see is that the opposition are more interested in the headlines than in outcomes—more interested in exploiting a global crisis than in responding to it responsibly. We see that plainly in the way that they have approached this very debate. There is a well-established convention in this place: government legislation is introduced and then time is provided—typically around a week—before the second reading debate proceeds. That time exists for a reason. It allows the opposition to properly scrutinise legislation, to consult stakeholders and to engage in good-faith consideration of the detail. That is how this parliament is supposed to work. They have rushed into this debate to manufacture outrage and urgency rather than to do the work responsibly. This is just a stunt. It is not about helping Australians; it is about politics, plain and simple.

At a time when there is conflict unfolding in the Middle East, when global energy markets are under pressure and when Australians are, understandably, watching closely, leadership matters. Australians deserve calm, clear, factual information. They do not deserve an opposition trying to manufacture fear for their own political gain.

The Albanese government has introduced this legislation—to up penalties at the petrol pump, as well as making it better, easier and fairer for our trucking industry—for a very clear reason: to help consumers get a fair go and to support our trucking industry. The conflict overseas should never be used as an excuse to profit from Australians. That is why we are putting petrol companies on notice. We will not let big corporations treat Australian consumers like mugs. We are calling on the opposition to support this bill because this is about holding companies to account when they do the wrong thing.

The Treasury Laws Amendment (Doubling Penalties for ACCC Enforcement) Bill 2026 doubles the maximum penalties for serious breaches of competition and consumer law from $50 million to $100 million per offence for false or misleading conduct or cartel behaviour across the country. We have already acted in this space. We increased penalties fivefold to up to $50 million and strengthened the powers of the ACCC, including extending petrol price monitoring enabling on-the-spot fines. But this legislation goes further. It ensures even bigger penalties for servos and suppliers who are ripping off Australian motorists.

It sits alongside a broader package of action we are taking to address fuel affordability and security. We are boosting fuel supply by releasing 20 per cent of the baseline minimum stockholding obligation for petrol and diesel. We are getting more fuel into the market by temporarily amending fuel standards. We are working with the ACCC to ensure fuel gets to where it is needed, particularly in regional communities, and ramping up fuel price monitoring. And we are engaging with our international partners to strengthen supply chains and fuel security. This is a comprehensive, practical response to a challenging global environment.

The recent conflict in the Middle East has increased uncertainty. Australians are not immune to it. Our job, though, is to respond responsibly, to protect consumers, to ensure that volatility is not used as a cover for misconduct. That's what this legislation does. The government's priorities are clear. We are focused on addressing inflation, lifting productivity and navigating global uncertainty. Ensuring fairer petrol prices, stronger fuel supply chains and fairer deals for our trucking industry is a key part of this work.

These bills are about fairness. They are about accountability and making sure Australians get a fair go. Those opposite can continue their political games, but this government will continue doing what Australians expect: acting in the national interest, protecting consumers and delivering real practical outcomes. I commend the bills to the House.

Comments

No comments