Senate debates

Wednesday, 4 March 2026

Questions without Notice

Fossil Fuel Industry

2:17 pm

Photo of Larissa WatersLarissa Waters (Queensland, Australian Greens) Share this | Hansard source

My question is to the Minister representing the Prime Minister, Senator Wong. It is ordinary people who suffer from war, whether it's civilians being killed throughout the Middle East or Australians feeling more economic pain, whilst big corporations make money off that suffering. In 2022, in the wake of Russia's illegal invasion of Ukraine and the global gas crisis that followed, Woodside's profits doubled and Santos pocketed $3½ billion. Already we've seen Woodside's and Santos's share prices rise more than seven per cent in just four days since the illegal strikes on Iran, and investors expect more windfall profits for gas companies. Your government was the first to support this illegal war. What will your government do to stop big corporations profiteering off Trump and Netanyahu's illegal war?

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