Senate debates

Thursday, 26 March 2026

Bills

Treasury Laws Amendment (Doubling Penalties for ACCC Enforcement) Bill 2026; Second Reading

3:10 pm

Photo of Nick McKimNick McKim (Tasmania, Australian Greens) Share this | Hansard source

I move:

At the end of the motion, add ", but the Senate:

(a) notes that:

(i) price gouging is not banned under Australian law except in relation to supermarkets,

(ii) this bill will do nothing to stop fuel corporations from price gouging because it only increases penalties on existing offences, and

(iii) Labor ministers that claim this bill will stop fuel corporations price gouging are misleading the Australian public; and

(b) calls on the Government to:

(i) stop backing President Trump and Prime Minister Netanyahu's illegal war on Iran, which is a key driver of skyrocketing fuel prices, and

(ii) extend the supermarket price gouging ban across the whole economy, including to fuel corporations".

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