House debates

Wednesday, 28 May 2008

Questions without Notice

Fuel Prices

2:00 pm

Photo of Martin FergusonMartin Ferguson (Batman, Australian Labor Party, Minister for Resources and Energy) Share this | Hansard source

Fuelwatch, in association with additional powers to the ACCC and to put a cop on the beat, represents the best available option for the Australian community at the moment in a very tough global market. It guarantees that consumers have transparency in petrol prices and it gives to consumers the best available information about when and where to buy petrol. Consumers understand that prices are principally a reflection of record world oil prices, and they expect government, as the Rudd government has done, to explore all available options to assist them to deal with the rising cost of oil. That is what the cabinet debates have been about and that is why we have made a range of very serious decisions to try and assist motorists at the petrol bowser. I simply say that I contend that all consumers will ultimately benefit from a national Fuelwatch scheme wherever they live in Sydney, or in any other major metropolitan city.

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