Fuel Tax Credits Scheme

Campbell focused on the government's actions to address the cost of living and fuel supply issues, rather than directly debating the credit reform. Campbell highlighted measures such as doubling penalties for price gouging to $100 million and releasing 20 per cent of fuel reserves. Campbell noted the appointment of a National Fuel Supply Taskforce Coordinator to manage distribution and security. Campbell argued that the government was actively working to secure international fuel supplies and protect consumers from volatility.

Chaney supported the motion, arguing that the current scheme discouraged decarbonisation by subsidising pollution at a rate five times higher than the safeguard mechanism's carbon cost. Chaney stated that the scheme disproportionately benefited mining companies over farmers and small businesses during supply shortages. Chaney noted that nearly $3 billion in credits went to 15 mining and freight firms, representing 25 per cent of total claims. Chaney argued that capping credits would incentivise mining companies to reduce reliance on volatile diesel markets and improve energy security.

Burnell opposed the motion, explaining that the Fuel Tax Credits prevent double taxation for fuel used off public roads in sectors like agriculture and mining. Burnell argued that phasing out the scheme would cripple businesses and increase food and construction costs, particularly given current fuel prices. Burnell stated that electrification was not yet a practical reality for heavy transport and mining industries. Burnell emphasised the government's efforts to boost supply and crack down on unfair price rises to support regional communities.