Penny Wong (SA, Australian Labor Party, Minister for Foreign Affairs) Share this | Hansard source

As I said, fuel prices are set by global markets. What we can ensure is that the ACCC monitors petrol, but the reality is that the factors driving fuel prices are the international benchmark price and the value of the Australian dollar. The last time I looked it wasn't the Liberal Party's policy to fix the exchange rate. What we can do is deliver cost-of-living relief, which those opposite reflexively oppose.