Catherine King says while peace talks were ‘best chance’ at lowering fuel prices, further help may be included in budget
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The Albanese government is contemplating further relief for struggling households and businesses in next month’s federal budget, as peace talks continue between the US and Iran amid a fragile ceasefire.
The infrastructure minister, Catherine King, said the success of those talks was the “best chance” at bringing down fuel prices. But she warned there would be a “long tail” from the crisis even if the strait of Hormuz – which was still being blocked by Iran and strangling global oil supplies – reopened imminently.
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Source link : https://www.theguardian.com/australia-news/2026/apr/12/new-relief-for-households-being-considered-as-albanese-government-warns-of-long-tail-from-iran-war
Author : Sarah Basford Canales
Publish date : 2026-04-12 01:35:00
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