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

I will first make a point in relation to petrol—and I think I had this question yesterday. Petrol prices here in Australia are primarily driven by the global market and by the Australian exchange rate. That was the case under your government—although obviously you came after the election, Senator. But that is the case under governments of both political persuasions. With that response, I want to make sure that I'm very clear that we understand how difficult the higher petrol prices are for families, particularly those for whom long commutes are a necessity. I would also say that we have asked the ACCC to regularly monitor and analyse fuel prices. Again, that analysis confirms that the international benchmark price and the value of the Australian dollar are the primary drivers of— (Time expired)