SENATOR THE HON KATY GALLAGHER MINISTER FOR FINANCE MINISTER FOR WOMEN MINISTER FOR THE PUBLIC SERVICE MINISTER FOR GOVERNMENT SERVICES
MEDIA RELEASE
GOVERNMENT INTRODUCES FUEL SECURITY RESPONSE APPROPRIATION BILLS
The Albanese Government will today introduce the 2025-26 Fuel Security Response Appropriation Bills to ensure the Government can respond quickly to any urgent and unforeseen fuel security challenges that may arise before the end of the financial year.
The Bills establish a new 800 million in Appropriation (Fuel Security Response) Bill (No. 1) 2025-26
1 billion and reporting to Parliament and independent assurance by the Australian National Audit Office.
The Government is seeking the accelerated passage of the Bills during the current sitting week to ensure funding certainty should urgent fuel security action be required at short notice
Quotes attributable to Minister for Finance Katy Gallagher
"The Albanese Labor Government is working hard to ensure Australia is prepared for any circumstances, with the right legislative and funding frameworks ready to be activated if an urgent fuel security response is needed."
"The introduction of these Bills is a prudent step to ensure the Government has the capacity to respond swiftly to any urgent fuel security challenges that may arise before the end of the financial year."
"This legislation was about preparedness and responsible fiscal management. They do not commit new spending, but they do make sure that if action is needed at short notice, the funding framework is in place and subject to strong safeguards."
