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

Senator Colbeck, I generally have more regard for you than that question would engender. You know, and everybody should know, that the reality of higher fuel prices is being felt across the world. This is being felt across the world. As the Treasurer has said recently, as has the Prime Minister, we also know that global markets will not go back to how they were prior to this conflict upon the conflict ending. There is a tail of effects throughout the global economy. You know that, Senator, and you also know that the way we have to deal with it is with the sorts of measures that you are seeing, including the legislation that's coming forward, and also by working to stabilise global energy markets and to look for the supply— (Time expired)