00:02Fear and frustration building at the pump and in Parliament.
00:06The plan is better than panic and panic is where we're going.
00:09Why the needless secrecy?
00:11It's a national crisis.
00:12We need a national solution.
00:14Under pressure, the Prime Minister's called a national cabinet meeting for Monday.
00:18I want us to have the strongest possible plan so we're ready for what may come.
00:23As the states still grapple with supply.
00:26More than 520 servos have run out of at least one type of fuel.
00:31New South Wales by far the hardest hit, followed by Victoria, Queensland, Western Australia and South Australia.
00:38The fuel stocks are there. Pick up the phone and tell the companies to move the stocks. It's simple.
00:43The shortage is mostly caused by panic buying as Australians watch prices hit new highs.
00:49Unleaded today $2.56 a litre. Diesel $3.14.
00:54While confident supplies are secure for now, the states are demanding a national approach on measures like working from home
01:02and rationing if it gets to that.
01:04We have to act in unison.
01:06Any response to a shortening of supply should be a nationally coordinated one.
01:11There is some tension between a federal government wanting to project a sense of calm and states wanting to lay
01:18the groundwork now for potential changes to come.
01:21Having learned the hard lessons from the COVID pandemic, premiers are openly calling for a far more coordinated approach this
01:29time around.
01:29The end of the war in the Middle East can't come soon enough.
01:33With cost of living on the rise, the government is pushing for a pay rise above inflation for the 3
01:39million workers on the minimum wage, making a submission to the industrial umpire without nominating a figure.
01:45Inflation running at 3.7%, unions want a 5% increase in the minimum wage, businesses backing 3.5%.
01:54We recognise that it is a volatile environment.
01:57That is why we haven't put a number on this.
02:01Uncertainty abounds.
02:02Uncertainty abounds.
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