Penny Wong (SA, Australian Labor Party, Minister for Finance and Deregulation) Share this | Link to this | Hansard source

On 18 June Senator Milne asked me a question in my capacity as Minister representing the Treasurer. I seek leave to incorporate in Hansardsome additional information which the Treasurer has provided.

Leave granted:

The answer read as follows—

Australia has met its responsibilities under the G 20 commitment to rationalise or eliminate inefficient fossil fuel subsidies that encourage wasteful consumption.

We took a considered and thorough approach to developing our response and concluded we had no measures within scope of the G 20 commitment.

Six other G 20 countries also do not think they have any fossil fuel subsidies that fall in scope.

No further work is expected in relation to the commitment by Australia.