Portfolio — 12 May 2026

Minister Julie Collins used both her ministerial media release and Question Time on 12 May 2026 to advance the Strengthening Australia's Fuel Resilience package, a $14.8 billion investment centred on strategic fuel reserves, fertiliser security, and cost-of-living relief. The media release set out the full package architecture — including a $7.5 billion Fuel and Fertiliser Security Facility, a $3.2 billion Australian Fuel Security Reserve targeting 50 days of diesel and jet-fuel stocks, excise relief worth $2.9 billion, and $1 billion in National Reconstruction Fund loans.

In the House, Collins detailed immediate operational steps already underway: weekly industry roundtables, the release of 20 percent of the strategic stockpile to regional areas, legislated shipment underwriting securing over 450 million litres of diesel, and a 250,000-tonne urea partnership with Indonesia. Across both streams, the minister framed fuel and fertiliser security as inseparable from agricultural resilience and cost-of-living outcomes for farmers and regional communities.