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Portfolio note · Wednesday 22 April 2026

Portfolio — 22 April 2026

Tribune’s note

Minister for Trade and Tourism Don Farrell announced on 22 April that the Government has secured 300 million additional litres of diesel over the past seven days, with new partnerships struck with BP Australia alongside a continuing arrangement with Viva Energy [TA-260422-trade-591b733f2bf2]. Negotiations with Ampol, Park Fuels, IOR and other suppliers are ongoing to lock in further shipments.

The diesel procurement sits alongside a parallel fertiliser push: the Government is working with Incitec Pivot and CSBP to secure additional supplies for the current and upcoming growing seasons, backed by a price-risk support package designed to protect importers from extreme price volatility [TA-260422-trade-591b733f2bf2]. The policy instrument driving both efforts is the Strategic Reserve powers, which Farrell is deploying to direct fuel and fertiliser to the industries and regions most exposed to disruption from the Middle East conflict.

The framing is consistent across both supply streams — supply security as a direct economic shield against global uncertainty — with the minister positioning the Government as an active procurer rather than a passive market participant. No parliamentary activity was recorded for this date; the comms stream is the sole source for this Note.

Primary records (1)

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