Federal Government Secures Additional Diesel And Fertiliser Supplies

The Federal Government has moved to safeguard Australia’s agricultural and transport sectors against global supply chain volatility, securing an additional 300 million litres of diesel and launching a new initiative to shore up domestic fertiliser supplies.

The intervention, enacted through the government’s new Strategic Reserve powers, comes as the Middle East conflict continues to disrupt international markets. The package aims to insulate regional producers—including those in the Burdekin—from extreme price volatility and potential supply shortages during the critical growing season.

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The government successfully partnered with BP Australia and expanded its existing agreement with Viva Energy to secure the diesel boost, equivalent to over 1.8 million barrels. Further negotiations are currently underway with suppliers including Ampol, Park Fuels, and IOR to procure additional shipments in the coming weeks.

Simultaneously, federal authorities have commenced work with major industry players Incitec Pivot and CSBP to accelerate the delivery of essential fertiliser. The government is providing price risk support to importers to ensure that supply remains stable and affordable for local growers.

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Prime Minister Anthony Albanese emphasised the necessity of the measures amid ongoing global instability.

“As conflict in the Middle East and global volatility continues, we are working to shield Australians from the worst of the impacts,” the Prime Minister said.

“We want to keep our people, our economy and our nation moving, which is why we’re working with industry to quickly secure additional shipments of fuel and fertiliser.”

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For the agricultural sector, the security of fertiliser supply is paramount for continued food production. Minister for Agriculture, Fisheries and Forestry, Julie Collins, highlighted the importance of the partnership with industry.

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“We understand how critical fertiliser is for Australian farmers, for our food production system and the food security of our region—that’s why I have been working with industry to support getting fertiliser to Australian farmers,” Minister Collins stated.

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“This is a significant outcome for our farmers and will support industry to secure and deliver the fertiliser we need sooner.”

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Federal authorities have pledged to continue working with industry partners to ensure these critical resources are directed to the regions and industries that require them most.

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