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Portfolio note · Wednesday 1 April 2026

Portfolio — 1 April 2026

Tribune’s note

Senator Wong used Senate question time on 1 April to detail the National Fuel Security Plan's immediate measures in response to Iran's closure of the Strait of Hormuz, which she described as the largest shock to global energy markets since the 1970s. The three-month fuel excise cut took effect on 1 April, producing a reported 30-cent-per-litre drop in Adelaide prices, while a suite of companion measures targets transport operators, fuel retailers, small businesses, and international supply chains.

The session extended the Export Finance Australia mandate legislated the prior evening, deploying it operationally to secure critical fuel and fertiliser supplies. Senator Wong repeatedly challenged the Opposition's standing on the crisis, citing leaked talking points directing members to 'create doubt' about fuel supply.

Primary records (12)

The official records this note draws on — the raw primary documents themselves, as published.