Export Finance and Insurance Corporation Amendment) Strategic Reserve) Bill 2026

Stage by Stage

Summaries in reported speech - not a transcript. In date order, both chambers.

1. Monday 30 March 2026 · House of Representatives

   Second Reading

   The debate concerned the introduction of a strategic reserve for fuel and critical minerals to protect Australia from supply chain disruptions caused by global conflicts and market volatility. Chris Bowen argued that the bill was urgent and necessary to insulate Australians from rising costs and risks associated with securing fuel and minerals. He detailed government actions taken to boost fuel supplies and outlined the new powers granted to Export Finance Australia to acquire and stockpile strategic materials. The bill also implemented a commitment to establish a critical minerals reserve focusing on antimony, gallium, and rare earth elements. The debate concluded with the adjournment of discussion.

   Outcome: Debate adjourned.

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