Senate debates

Tuesday, 12 May 2026

Questions without Notice

Budget

2:12 pm

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

Unlike you, we understand that the status quo in the housing market and the tax system is not working for many Australians. We understand that the conflict in the Middle East is making it harder; people are seeing this at the petrol pump, and business is seeing it in higher costs. Farmers, transport operators and regional communities know how important secure and reliable fuel supply is to the whole economy. That's why the major packages in tonight's budget will be on fuel security, the cost of living and housing, productivity, tax reform and savings. It will include additional investment in our fuel security and resilience, including stronger reserves and supports to strengthen our fuel security and our fertiliser supply. We will continue to strengthen Medicare.

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