Tasmania's Fuel Price Cap: A New Approach
Sydney News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Tasmania introduces a new law to set maximum petrol prices during emergencies, aiming to address high fuel costs. The law, which comes with strict penalties for non-compliance, is a response to the states current level two fuel security rating. Reactions from the fuel industry and other states vary, with some supporting the measure and others expressing concerns about its enforceability and potential impact on fuel supply. As the federal government plans a national meeting to discuss a unified approach, states are advocating for better coordination on fuel supply challenges.
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