Radio National Breakfast

States call for national framework on fuel crisis, but go alone on free public transport

Mar 29, 2026
Daniel Mookhey, NSW Treasurer responsible for the state’s finances, discusses fuel security and GST division. He talks about federal steps to ease the fuel crunch and the uncertainty around supply timing. He explains why states are split on making public transport free. He pushes for a national framework with triggers and staged interventions, and outlines NSW’s push to reform the GST carve-up.
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INSIGHT

Federal Steps Help But Timing Remains Uncertain

  • Daniel Mookhey says federal measures like lowering fuel standards and a coordination task force are effective but timing of conflict and supply normalisation is uncertain.
  • He urges a calm, methodical NSW approach and reluctance to rush measures like free public transport until longer-term impacts are clear.
INSIGHT

States Split On Free Public Transport

  • Mookhey notes Victoria and Tasmania moved to free public transport while NSW is holding off to "keep our powder dry".
  • He frames NSW policy as a longer-term, prudent stance because fuel supply chains may take a while to normalise.
ADVICE

Create A National Framework With Clear Triggers

  • Mookhey calls for a national framework with clear triggers, defined interventions, and staged escalation for fuel security.
  • He argues interventions must be collectively agreed so citizens know measures apply nationally, not state-by-state.
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