Government action
We’ve acted fast to secure our fuel supply and support Australians who are struggling with costs.
We’ve reduced the fuel tax until 30 June 2026 and passed tough new laws against price gouging to make sure Australians are seeing the savings.
We’ve secured more supply by bringing more fuel into Australia, releasing some of our reserves and keeping more fuel here at home.
Government securing more fuel reserves - the Australian Fuel Security and Resilience package
Prime Minister of Australia, Minister for Trade and Tourism, Special Minister of State
The package will provide $10 billion to secure Australia’s near-term fuel and fertiliser security, establish a permanent government-owned Australian Fuel Security Reserve, and lift the Minimum Stockholding Obligation for every type of fuel. Read this announcement
