Portfolio — 9 May 2026
Tribune’s note
Bowen announced the creation of a Federal Government-owned strategic fuel reserve — the first domestically held reserve among IEA member nations — funded within a $10 billion fuel-security package. The government said it does not anticipate any sizeable impact on petrol prices from the measure. Current stock levels show diesel at 35 days, the second-highest since the 2023 minimum stockholding obligation began, while petrol sits at 42 days and jet fuel at 29 days.
Australia is also diversifying its fuel supply chain by importing from non-traditional source countries.
Primary records (1)
The official records this note draws on — the raw primary documents themselves, as published.