Kerry O'Brien (Tasmania, Australian Labor Party, Shadow Minister for Transport) Share this | Hansard source

I said in the second reading debate that Labor supported the Petroleum Retail Legislation Repeal Bill 2006, and I outlined the reasons that we supported this bill in essence and the principle of the bill. That is not to say that we think the bill is perfect, but I remind senators that this bill replaces two pieces of legislation which are outdated and which serve no useful purpose: the Petroleum Retail Marketing Sites Act 1980 and the Petroleum Retail Marketing Franchise Act 1980. We support this legislation because well over 50 per cent of this industry by volume of sales is not covered by these acts.