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

My question is to the finance minister, representing the Treasurer, Minister Gallagher, about the upcoming budget and the effects of the war. Fuel prices went up at the pump almost immediately after the US and Israel invaded Iran. Prices went up straightaway, and they've risen by, on average, 80c already this month, even though that was all on the sale of fuel that was already bought and held before the war began. Yet, when it comes to passing on the relief, the Treasurer says we have to wait for the full 26c of fuel excise cuts to flow through to customers. Why is it that the government hasn't insisted that suppliers immediately lower prices and pass on the fuel excise cut or, better yet, passed stronger anti-price-gouging laws already?