Chris Bowen (Prospect, Australian Labor Party, Assistant Treasurer) Share this | Hansard source

I will. Thank you, Mr Speaker. Honourable members will recall that, on the last occasion the price of oil in Singapore diverged from the price of petrol in Australia, the ACCC exercised its powers given to it by the Rudd government. After those powers were exercised, the divergence disappeared and the difference between the price of oil in Singapore and the price of petrol in Australia returned to more normal levels. The House can be assured that the ACCC will not hesitate to use its formal investigative powers over the Easter period. It also can be assured that this government will take every step—

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