Labor to underwrite Australian fuel imports under new security powers to ensure supply

Albanese announces forthcoming legislation to guarantee private sector purchases of fuel and fertiliser The Australian government will take on the financial risk of importing essential products affected by the war in the Middle East to get additional supplies of petrol, diesel, and fertiliser into the country. The prime minister, Anthony Albanese, announced the new fuel security powers on Saturday after a month of soaring diesel and petrol prices and widespread shortages at service stations, par
PM did not rule out later fuel rationing or work-from-home measures but said he strongly preferred ‘voluntary arrangements’
Get our breaking news email, free app or daily news podcast
The Australian government will take on the financial risk of additional imports of essential products affected by the war in the Middle East, to get extra supplies of petrol, diesel and fertiliser into the country.
The prime minister, Anthony Albanese, announced the new fuel security powers on Saturday after a month of soaring diesel and petrol prices and widespread shortages at service stations, particularly in regional Australia.
Coverage from 2 sources
- Labor to underwrite Australian fuel imports under new security powers to ensure supplyGuardian - World · Catie McLeod Consumer affairs reporter · Mar 27, 2026, 11:28 PM
- Labor to use new fuel security powers to underwrite extra shipments to AustraliaGuardian - World · Catie McLeod Consumer affairs reporter · Mar 27, 2026, 11:28 PM
Coverage by lean
- Unknown2
Comments
Sign in to join the discussion.
Sign in with SpryLogin