Senate debates

Tuesday, 22 June 2021

Bills

Fuel Security Bill 2021, Fuel Security (Consequential and Transitional Provisions) Bill 2021; In Committee

7:17 pm

Photo of Janet RiceJanet Rice (Victoria, Australian Greens) Share this | Hansard source

I move my amendment on sheet 1296:

(1) Clause 46, page 37 (lines 23 to 27), omit the clause, substitute:

46 Publication of information

(1) The Minister must table in each House of the Parliament, as soon as practicable but no later than 15 sitting days after the end of each financial year, a statement relating to fuel security services payments made during that year.

(2) Without limiting subsection (1), the statement must include the following information:

(a) the total amount of fuel security services payment paid for quarters ending in each financial year;

(b) a list of each FSSP fuel for which a fuel security services payment was paid;

(c) for each fuel security services payment paid:

(i) the FSSP fuel for which the payment was paid; and

(ii) the amount of the fuel security services payment ; and

(iii) the number of litres of FSSP fuel refined; and

(iv) the number of cents paid per litre of FSSP fuel; and

(v) the name of the person paid;

(d) the total number of litres of each FSSP fuel for which a fuel security services payment was paid;

(e) any other information required by the rules.

(2) The Secretary must publish, on the Department's website, the Minister's statement under subsection (1).

This is really the minimal—absolutely minimal—set of accountability measures. As we've been saying, potentially up to $2 billion of taxpayers' money is being given to the oil refineries. We've got zero answers from the minister tonight, and also when I've asked questions in estimates, about the expectation of how much is going to be expended. This amendment would give at least a bit of accountability after the fact—asking for the basic figures as to how much is being handed out to the oil refineries to be tabled in parliament: a list of the fuel security service payments, when it was paid, what it was paid for, the number of litres refined, the number of cents per litre, the name of the person paid, the total number of litres of each type of fuel, and any other information. It's just a bit of basic accountability so that at least, even after the fact, we can have this basic knowledge of what our money—our subsidy to fossil fuels—is being spent on.

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