Question Time AU

Bill Debate · Second Reading

Appropriation (Fuel Security Response) Bill (No. 1) 2025-2026; Second Reading

House of Representatives · Monday 30 March 2026

Official Hansard for this day (APH) · Read this debate on OpenAustralia

At a glance

The Treasurer introduced legislation to establish a financial safety net for addressing fuel security challenges arising from global supply disruptions. The bill sought an appropriation authority of $800 million, part of a broader $2 billion advance to the finance minister provision. This funding was designed to cover urgent and unforeseen costs that could not be met through existing budgets. The measure aimed to provide flexibility for government departments over the final three months of the financial year. No other members spoke during the debate.

Outcome

The bill was commended to the House by the Treasurer.

Summary in reported speech - not a transcript. AI-generated, so check the official record before quoting.

How the debate unfolded

Opened the debate

Jim Chalmers (Rankin) (Australian Labor Party) ALP

Chalmers argued that the bill was necessary to address disruptions to global fuel supply chains caused by conflict in the Middle East. Chalmers stated that the legislation would establish a $2 billion advance to the finance minister provision, with this specific bill seeking $800 million. Chalmers clarified that these amounts were not commitments to new expenditure but rather a safety net for urgent and unforeseen needs. Chalmers noted that funds would only be allocated if strict criteria regarding urgency and unforeseen necessity were met. Chalmers emphasised that the measure would shield the economy and Australians from high oil prices and localised shortages.