Tim Ayres (NSW, Australian Labor Party, Minister for Industry and Innovation) Share this | Hansard source

This government, as I've indicated, has taken action over the course of the period since the conflict and hostilities in the Middle East began. We've introduced new laws to double penalties for false and misleading conduct up to $100 million; convened National Cabinet; appointed a national Fuel Supply Taskforce, led by one of our most experienced energy officials; began the release of 20 per cent of Australia's fuel reserves so that shock absorber can get to work; changed petrol standards to get more fuel flowing; and made it easier for Australian refineries to access government funding when they run at a loss so that we're not seeing the closure of more Australian refinery capacity, which is what we saw under those opposite.