Australia news live: escalating Middle East conflict will see prices rise again, Chris Bowen says

About this story

The energy minister says Australia has 41 days’ worth on petrol in strategic reserve. Follow today’s news liveGet our breaking news email, free app or daily news podcastAsked about Greens concerns that the penalties for breaching the bill are $100m for companies, which is not a lot for massive tech companies. Asked why the government won’t fine them a percentage of their global revenue like Europe does, she said:I think the Greens and I agree on the fact that this is about changing the behaviour