DistantNews
Support us
๐Ÿ‡ฆ๐Ÿ‡บ Australia /Economy & Trade

Live: Albanese to meet with state leaders to talk fuel security

From ABC Australia · () English

Summarized and contextualized by DistantNews.

At a glance

News Sources not specified Ongoing story
  • Australian Prime Minister Anthony Albanese will hold a virtual national cabinet meeting to discuss fuel security.
  • The government is considering a longer inquiry into the National Disability Insurance Scheme (NDIS) in exchange for Greens' support on tax changes.
  • The fuel excise cut will be reduced from 32 cents per liter to 16 cents starting July 1.

Prime Minister Anthony Albanese is set to convene a virtual national cabinet meeting today to address critical issues of fuel security and potential changes to disability support funding. The meeting comes amid ongoing global energy market uncertainties.

We are having those discussions but we are using everything we've got to make sure that these cuts are actually stopped completely but at the very least inquired into even further.

โ€” Larissa WatersGreens leader Larissa Waters on negotiations regarding the NDIS.

Discussions are expected to include the tapering of the fuel excise cut. Starting July 1, the discount will halve from 32 cents per liter to 16 cents, remaining at that level until August 2 before being removed entirely. This move aims to balance cost-of-living pressures with fiscal responsibility.

Separately, the government is reportedly in negotiations with the Greens regarding the National Disability Insurance Scheme (NDIS). Sources indicate Labor might agree to a more extensive inquiry into the NDIS, potentially delaying legislative changes until August. This concession is being considered in exchange for the Greens' support on proposed adjustments to the capital gains tax discount and negative gearing policies.

I can give you clarity that the Greens will always push to stop these cruel cuts and that we will use every lever we possibly can to try to see these cuts stopped.

โ€” Larissa WatersLarissa Waters emphasizing the Greens' commitment to opposing NDIS cuts.

Greens leader Larissa Waters has remained non-committal, stating the party is using all available leverage to halt proposed NDIS cuts. She emphasized the Greens' commitment to stopping these measures, whether through further inquiry or outright rejection. Meanwhile, Monique Ryan has reiterated her stance against joining any new teal-led political party, preferring to remain an independent.

I don't have any intention of joining a party. I'm very, very happy as an independent.

โ€” Monique RyanMonique Ryan reaffirming her commitment to remaining an independent politician.

Tim Ayres, a Labor frontbencher, described the decision to taper the fuel excise cut as the "right call" given the persistent security concerns in the Strait of Hormuz. He believes the adjustment is a prudent measure benefiting Australian motorists while acknowledging the volatile international situation.

It'll make some difference. It's a careful judgement. It's the right call in the interests of Australian motorists.

โ€” Tim AyresLabor frontbencher Tim Ayres on the tapering of the fuel excise cut.
DistantNews Editorial

Originally published by ABC Australia. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.