Government Sets Aside $450M Fuel Buffer

The government’s setting aside $450 million as an emergency fuel fund to brace for potential Middle East chaos and soaring gas prices, with Finance Minister Nicola Willis calling it a safety net they hope never have to use. This reserve, available for 2026-27, tops other relief measures like a $50 weekly In-Work tax credit boost and expanded mileage rates for essential travel — all of which expire after 12 months or if prices drop below $3/liter for four weeks. With global supply risks still looming, this cushion aims to keep fuel costs stable without triggering panic. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/03be0c5b218f9c56