{"id":569883,"date":"2026-03-28T11:52:28","date_gmt":"2026-03-28T11:52:28","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/569883\/"},"modified":"2026-03-28T11:52:28","modified_gmt":"2026-03-28T11:52:28","slug":"pm-announces-new-plan-to-tackle-fuel-crisis-calls-out-fuel-hoarders","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/569883\/","title":{"rendered":"PM announces new plan to tackle fuel crisis, calls out fuel hoarders"},"content":{"rendered":"<p>Prime Minister \ufeff<a href=\"https:\/\/www.9news.com.au\/anthony-albanese\" target=\"\" rel=\"nofollow noopener\" title=\"A&#xFEFF;nthony Albanese\">A\ufeffnthony Albanese<\/a> has announced that the <a href=\"https:\/\/www.9news.com.au\/government\" target=\"\" rel=\"nofollow noopener\" title=\"government\">government<\/a> will be granted new powers to help private importers bring more fuel into the nation as the government attempts to curb spiking <a href=\"https:\/\/www.9news.com.au\/petrol-prices\" target=\"\" rel=\"nofollow noopener\" title=\"fuel prices\">fuel prices<\/a> and panic buying.<\/p>\n<p>The new powers are set to come into effect on Monday and will allow the government to use public funds to underwrite the purchase of fuel by the private sector.\ufeff<\/p>\n<p>The prime minister said it will also allow for the purchase of fertiliser and other essentials.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/03\/https:\/\/prod.static9.net.au\/fs\/8a92d6c4-da9e-4e94-a60d-34bf1cfabf82.jpeg\"   alt=\"Anthony Albanese.\"\/>The PM said the new powers are set to come into effect on Monday. (Nine)<\/p>\n<p>&#8220;I want us to have the strongest possible plants, so we&#8217;re ready for what may come. I want to keep our people, our economy and our nation moving,&#8221; he said.<\/p>\n<p>Albanese said that the government is in talks with local and international fuel suppliers &#8220;\ufeffto help firm up and source new cargoes required to keep <a href=\"https:\/\/www.9news.com.au\/national\" target=\"\" rel=\"nofollow noopener\" title=\"Australia\">Australia<\/a> moving&#8221;.<\/p>\n<p>&#8220;Put simply, we will use Export Finance Australia to underwrite the purchase of shiploads of fuel that will add to supply here in Australia.<\/p>\n<p>&#8220;This support from the government will not be business as usual.<\/p>\n<p>&#8220;\ufeffIt has to be additional supplies that are available on the international market, and it literally will be underwriting the purchase of shiploads of fuel to get here to Australia.&#8221;<\/p>\n<p>The prime minister said the measures are being enacted to keep Australia prepared and ensure fuel &#8220;gets to the right places&#8221;.<\/p>\n<p>He said that recent footage circulating on social media showing people filling multiple jerry cans at <a href=\"https:\/\/www.9news.com.au\/petrol\" target=\"\" rel=\"nofollow noopener\" title=\"pet&#xFEFF;rol\">pet\ufeffrol<\/a> stations to hoard fuel is &#8220;not the Australian way&#8221;.<\/p>\n<p>&#8220;People need to take what they need and no more,&#8221; he said.<\/p>\n<p>&#8220;I don&#8217;t want things to be mandated, common sense should apply as well.&#8221;<\/p>\n<p>&#8220;This isn&#8217;t toilet paper that&#8217;s been piled up in some garages. It&#8217;s actually fuel.<\/p>\n<p>&#8220;That&#8217;s not sensible on a range of levels. One, it&#8217;s not doing the right thing by your fellow Australians. But importantly, as well, it can be dangerous.&#8221;<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/03\/https:\/\/prod.static9.net.au\/fs\/31969240-4b1e-47bc-b146-f9b5d1c6961d.jpeg\"   alt=\"Climate Change and Energy Minister Chris Bowen.\"\/>Climate Change and Energy Minister Chris Bowen. (Supplied)<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/03\/https:\/\/prod.static9.net.au\/fs\/5d48e50d-8e79-4308-8a0f-36d7baa05429.jpeg\"   alt=\"Independent petrol stations in regional Queensland were being affected by supply issues, Goondiwindi Mayor Lawrence Springborg said.\"\/>Independent petrol stations in regional Queensland were being affected by supply issues, Goondiwindi Mayor Lawrence Springborg said. (9News)Minister for <a href=\"https:\/\/www.9news.com.au\/climate-change\" target=\"\" rel=\"nofollow noopener\" title=\"Climate Change\">Climate Change<\/a> and <a href=\"https:\/\/www.9news.com.au\/energy\" target=\"\" rel=\"nofollow noopener\" title=\"Energy\">Energy<\/a> Chris Bowen backed the prime minister&#8217;s sentiments, \ufeffsaying that fuel demand in rural Australia is at &#8220;a very busy time&#8221;.<\/p>\n<p>&#8220;[Demand] remains exceedingly high, and this supply is still not enough, but we are increasing supply and working in a very complicated supply chain to get the fuel to where it needs to go.\ufeff&#8221;<\/p>\n<p>&#8220;The fact of the matter is, cargo internationally available, but is getting increasingly expensive and increasingly risky in a volatile environment.&#8221;\ufeff<\/p>\n<p>Bowen said Australia currently has 1.6 billion litres of petrol, which roughly equates to \ufeffnine days&#8217; worth, which is up &#8220;very slightly&#8221;.<\/p>\n<p>He also said the nation has 2.7 billion litres of diesel, which is approximately one month&#8217;s worth, and is &#8220;pretty flat&#8221;.\ufeff<\/p>\n<p>&#8220;What that tells me is that while the fuel is flowing strongly out the door, especially to regional Australia.&#8221;\ufeff<\/p>\n<p>Bowen said that Australians need to remain prepared as the war in the <a href=\"https:\/\/www.9news.com.au\/middle-east\" target=\"\" rel=\"nofollow noopener\" title=\"Middle East\">Middle East<\/a> escalates, so too will volatile fuel prices\ufeff.<\/p>\n<p>NEVER MISS A STORY: Get your breaking news and exclusive stories first by following us across all platforms.<\/p>\n","protected":false},"excerpt":{"rendered":"Prime Minister \ufeffA\ufeffnthony Albanese has announced that the government will be granted new powers to help private importers&hellip;\n","protected":false},"author":2,"featured_media":569884,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[64,63,44],"class_list":["post-569883","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australia","tag-au","tag-australia","tag-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/569883","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=569883"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/569883\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/569884"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=569883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=569883"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=569883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}