Daniel Mulino (Fraser, Australian Labor Party, Assistant Treasurer) Share this | Hansard source

I thank the amazing member for Holt, who has been an absolute champion for consumers throughout her time in this place. We know that Australian families, Australian workers, farmers and businesses are doing it tough right now. Conflict in the Middle East means higher fuel costs, higher inflation and supply pressures. That's why the Albanese government is focused on strong practical action that makes a real difference to household budgets and helps Australians deal with cost-of-living pressures right now.

We've acted to make fuel cheaper for the people who need it by halving the fuel excise and reducing the road user charge for heavy vehicles to zero, cutting costs for families at the bowser and for truck drivers moving goods across the country. To ensure these savings are passed on, we've backed that up by increasing maximum penalties for price gouging to $100 million so unfair and illegal profiteering is met with real consequences.

Today we also welcomed efforts by regulators and industry—

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