Victoria abandons fuel law overhaul, risks $80 billion taxpayer compensation bill
Victoria shelved plans to overhaul 1970s-era fuel emergency laws, leaving taxpayers potentially exposed to an $80 billion compensation bill if a fuel crisis occurs. The state government abandoned proposed legislative amendments in June due to higher Middle East fuel costs and federal excise relief changes. Current laws allow compensation for economic losses from fuel emergency declarations, creating substantial budget.
Take it further — get the full app and never miss a moment of what's happening in Australia.
This publisher's site can't be shown here due to their security settings.
Open full article →No source link available for this article.
Published 15 Oct 2026, 18:41 UTC · Updated 15 Oct 2026, 18:50 UTC
Summary by OZbrief Editorial. Original report: SBS News – Australia. Editorial policy · Corrections
Trending
- Eighteen-year-old P-plater faces 17 charges after crashing into Newcastle Knights fans
- UK households pay £13,961 extra on bills since 2021, TUC warns
- Carlton defender Lachie Cowan faces two-match ban after hospital seizure
- Albanese reverses tax office credit card ban, undermining treasurer Chalmers
- Afghanistan drought forces families to sell daughters as young brides
- 72 Retired Generals Urge Pentagon to Cancel Hasan Execution Livestream