Penny Wong (SA, Australian Labor Party, Minister for Foreign Affairs) Share this | Hansard source

The International Energy Agency has said that the challenge facing the world oil market is unprecedented. We know the impact on fuel prices, supply chains and inflation will continue. I spoke to the Saudi Foreign minister today—including about what Saudi Arabia is doing to increase its contribution to global oil supply. Minister Bowen has today directed more fuels into the Australian market, meaning that more of the fuel made in Australia will stay in Australia. The National Coordination Mechanism is bringing industry, states, territories and partners together so that fuel can reach those who need it.

The government has also been clear with industry that this is an international crisis, not a commercial opportunity. It is also not a political opportunity for those opposite. The coalition might have realised after the last few months that not everything is a political opportunity for them to seek to exploit. I would say to the coalition that it is time to learn something about putting the national interest above your own political interest. We for our part will keep working in the national interest. (Time expired)