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National cabinet to meet tomorrow as fuel crisis continues
National cabinet considers fuel rationing and voluntary consumption cuts to manage shortages amid a 10% weekly diesel price rise, aiming to mitigate social and economic impacts.
- Prime Minister Anthony Albanese convened a national cabinet meeting today to coordinate Australia's response to the fuel crisis, with leaders discussing voluntary consumption measures such as working from home to prevent serious shortages.
- Conflicts in the Middle East have driven up petrol prices, compounding Australia's pre-existing cost-of-living crisis and placing extreme pressure on vulnerable households struggling to afford fuel, food, and medication.
- Diesel prices hit 303.5 cents per litre across the five largest cities—a 10 per cent weekly jump—while regional averages reached 307.6 cents, prompting Marion Bennett of Mission Australia to warn of increased homelessness.
- Treasurer Jim Chalmers stated the government prefers a 'voluntary path' for fuel reduction, while Opposition leader Angus Taylor proposed halving the fuel excise from 53 cents to 26 cents per litre for three months.
- State and territory leaders are demanding transparency regarding federal contingency plans, including a national approach to fuel rationing, and will evaluate supply thresholds for potential stricter interventions if global oil disruptions persist.
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Albanese and state and territory leaders convened an emergency national cabinet meeting today for the second time to discuss solutions to the fuel shortage. Amidst continued tensions in the Middle East and high international oil prices, fuel supply instability has occurred in many parts of Australia, with hundreds of petrol stations experiencing shortages, drawing market attention. Industry and local governments are urging the federal government…
·Melbourne, Australia
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Total News Sources4
Leaning Left3Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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