: Good afternoon. It's been a very busy morning. I've convened the National Security Committee. We've had a Cabinet meeting and then we had a National Cabinet meeting. And while Australia's fuel supply outlook remains secure in the near term, we need to be very clear, as well, with Australians that the longer this war goes on, the worse the impacts will be. I and the Government understand that people are really worried, but we have a plan to get through this. We understand the cost pressures for people are very real as the impact of the war on the other side of the world plays out right here. We're acting now to be overprepared. To prepare and to shield Australians from the worst of the impacts. And today we have three announcements.
The first is the National Fuel Security Plan that we have adopted at the National Cabinet today. That has been finalised with the support of states and territories. And I thank the Premiers and Chief Ministers who have been working over recent days, but right over the weekend. To make sure that we're able to deliver a consistent plan. Because one of the things that we want to ensure is that there's one plan, not nine, across eight state and territory jurisdictions and from the Commonwealth. The plan outlines how governments will work together to keep Australia open and to keep our economy going. Early voluntary action, coupled with new supply measures will make a difference and make sure that fuel continues to get to those who need it most.
Our approach is determined by four levels of action. One: Plan and prepare. Two: Keeping Australia moving, which is where we are at the moment. Three: Taking targeted action. And four: Protecting critical services for all Australians. We do this in order to be completely transparent about not just where we are, but where this might go in the future. Because one of the things we want to do is ensure that Australians can be confident, that governments at all levels have a plan to deal with whatever comes at us. We know this is uncertain because it's not clear when this conflict will end or what the circumstances of it ending will be. So, making sure that we keep Australia moving is where we are at the moment. And the plan allows for us to either move up or down the stages as well. It outlines the indicative settings at each level, with roles and responsibilities from the Commonwealth and from state jurisdictions, but also with industry partners. Australians will be able to access the plan very soon on www.pmc.gov.au. Today, Minister Bowen provided National Cabinet with an update on Australia's supply outlook. And the Fuel Supply Taskforce Coordinator, Anthea Harris, provided an update on the progress of the Fuel Supply Taskforce. That Taskforce has met twice already, and it will meet twice a week for as long as is necessary in order to make sure we get that cooperation at the bureaucratic level as well.
Second, today we're announcing the Commonwealth Government will halve the fuel excise on petrol and diesel for three months. The halving of the fuel excise will reduce the cost of fuel by 26.3 cents per litre. Importantly, in addition, states and territories have agreed and are finalising a proposal to ensure they won't benefit from the elevated prices that are occurring because of the GST. This is a reason for why we did this through the National Cabinet process, rather than just going out there and making announcements without that necessarily being thought through appropriately. So, we're working through the mechanisms with states and territories, and we'll have more to say about that in a short period of time. We're making fuel cheaper today because we understand that Australians are under serious pressure. However, we really also want to encourage Australians who can to take public transport, to help save fuel for the areas and industries that need it. And I note a couple of the jurisdictions have taken action to reduce public transport fares as well. The less fuel we use in the cities, obviously, the more we can direct to regional areas that are under pressure.
Thirdly, our Government will reduce the Heavy Vehicle Road User Charge to zero for three months to help truckies continue their vital work for our nation. We understand in particular that the heavy vehicle industry is under real pressure. For many trucking companies that are small, they rely upon a cash flow which is under pressure because they pay for their fuel and then they get paid down the track in 30, 60 or 90 days, depending upon the contractual arrangements that they have. This is about taking pressure off them. And in addition to that, we've deferred the next scheduled increase in the Heavy Vehicle Road User Charge by six months. And I also raise with states and territories because heavy vehicle registrations are linked to the road user charge. And we have requested the state governments to give consideration to also taking action consistent with the action that the Commonwealth has had.
I do want to just say that the response of state and territory governments has been very constructive. We've been working as one. That's what Australians expect, their governments and I thank all of them from it for it. I particularly thank Roger Cook, for the role that he's playing as chair of CAF, the Council of Australian Federation.
Finally, we of course have some updates on what we will do in the Parliament and some of that has already taken place and Jim and Chris will outline that before we take questions, I should note we'll release the national Fuel Security Plan and we also have the communique from the National Cabinet which will be distributed, if it hasn't been already, pretty soon.
JIM CHALMERS, TREASURER: Thanks, PM. The war in the Middle East is inflicting some serious damage on the global economy and Australians are paying a hefty price for that at the bowser and beyond. From an economic point of view, the end of the war in the Middle East can't come soon enough and, in the interim, the Albanese Government is stepping in and stepping up to provide relief where we can do that in a responsible way. The steps that we're announcing today are all about taking some of the sting out of these higher petrol and diesel prices for people who are under pressure. This is timely. This is targeted. This is responsible cost-of-living relief to help people get through a difficult period.
Now, we don't choose these circumstances that are being inflicted on us by events on the other side of the world. But we do choose how we respond, in a cooperative way with the states and territories and also doing what we can to deal with or take some of the sting out of these cost-of-living pressures. So, this relief is temporary, it's timely and it's responsible. It's all about taking some of the edge off these high petrol prices which are putting such extraordinary pressure on household budgets right around the country. As the PM said, we'll be halving the fuel excise from Wednesday for three months. We'll also be foregoing the increase to the Heavy Vehicle Road User Charge, and we will be cutting the Heavy Vehicle Road User Charge to zero for the same 3-month period as we're halving the fuel excise more broadly.
I also wanted to thank the States and Territories for coming at this solution on the GST in a constructive way as well. They will work through the issues there. Any complexities when it comes to GST relief, but I think it's a very good sign that the States and Territories have been prepared to come to the table. They'll have more to say about it later in the day, but the two sets of measures work together very closely. What we're announcing today will reduce the cost of a 65-litre tank by about $19. So, it is substantial cost-of-living relief. It is timely, it is temporary and it is responsible. The cost of what we are announcing today is $2.55 billion, depending of course on the amount of demand in the system over that three-month period. But the initial costing is $2.55 billion. And the revenue foregone by delaying the increase in the Heavy Vehicle Road User Charge is about another $53 million.
The last thing before I hand you over to Chris is, I've just introduced into the House of Representatives on behalf of the Finance Minister, Katy Gallagher, an extension to the provisions which allow for emergency spending when the Parliament's not sitting. The Advance to the Finance Minister provision is all about making sure that we have that fiscal firepower should we need it to spend on urgent, unforeseen, unavoidable areas, when the Parliament's not sitting. Obviously after Wednesday, the Parliament does not sit for a number of weeks until the Budget period. And so, this is once again a responsible step. It is a contingency to take that Advance to the Finance Minister from $1 billion to $3 billion to allow us to respond quickly should the need arise.
CHRIS BOWEN, MINISTER FOR CLIMATE CHANGE & ENERGY: Thanks very much, Treasurer and PM. Australians want to know what's being done to secure our international supply of fuel and oil. And we're very pleased with the progress that we've made. The Prime Minister and I announcing on Saturday a new significant intervention to give Export Finance Australia the capacity to support fuel imports into Australia because those fuel imports are getting increasingly expensive and increasingly risky for the firms in a very volatile international fuel market. And so, when we worked through the issues last week and decided it was a problem appropriate for government to intervene to support businesses to go and get those cargoes for Australia and for Australians and to make sure that they're not sent to other countries but are sent here. We worked through the issues quickly and announced it on Saturday. The legislation was introduced this morning into the House of Representatives. The Opposition and Greens were briefed last night. We'll be passing it through the House of Representatives this evening and sending it to the Senate with a view to passing it through the Senate tomorrow.
Obviously, I'll leave other parties to announce their position, but we will work to see this important legislation pass through the Parliament before we leave so that Export Finance Australia can get on with the job of ensuring that those cargoes come to Australia, not to other countries. They've already started work. Already started talking to proponents about what might be possible once this legislation is passed. And they'll continue to do great work to ensure that Australians get access to that spot cargo that is available in Asia and in the United States. But it's currently and foreseeably too risky for companies to undertake by themselves. This is about being ahead of the curve. It's about pre-empting, increasing risk in the market and ensuring that Australian firms are able to go out and compete with firms around the world to get that fuel for us. And we will implement that law, and we will get Export Finance Australia to work. Thanks.
JOURNALIST: Thank you, Prime Minister. What's your takeaway message to people who are looking ahead to Easter and the school holidays? They might have travel plans. It's a high expense time of the year. Should they go ahead with those plans, or should they reconsider?
PRIME MINISTER: One of the things that we're determined to do is to make sure that we do keep Australia moving, as the National Fuel Security Plan says. We want that to occur. People should enjoy their Easter. And it's important as well that we keep the economy going. Easter is an important time for tourism destinations, for jobs. They rely upon that. And I wish those people of faith as well, a holy Easter. It's an important time.
JOURNALIST: Prime Minister, the plan that you held up at the start of this press conference isn't quite online yet. Could you talk through for Australians, what are these phases? Do they involve things like voluntary restrictions going into rationing? Could I just ask the Treasurer what the cost of the slashing the fuel excise and road user charges is, and any modelling you have on what that will do to demand?
TREASURER: So, the total cost of the changes to the fuel excise and taking the Heavy Vehicle Road User Charge down to zero is $2.55 billion in the three months from 1 April. In terms of the modelling, obviously, we run a bunch of scenarios when it comes to the impact of this war in the Middle East on our prices in our economy. The expected impact of what we're announcing today is to reduce headline inflation by about half of a percentage point through the year to the June quarter of 2026. More broadly, obviously, there is still a price signal in the market. Prices are higher than we would like when it comes to petrol and diesel. The global oil price has almost doubled since the beginning of the year. It was trading $116 a barrel, last time I looked, it was about $60 at the start of the year. So, all of that flows through not just to our scenario planning and our modelling, but also obviously our forecast for the Budget.
PRIME MINISTER: Look, there are four levels. The first is 'Plan and prepare'. What's happening - the way that it is outlined - fuel supply operates as normal, with governments monitoring impacts of global factors. Clearly, we're beyond that. Level two, where we are now, 'Keep Australia moving': fuel supply continues to operate effectively but localised supply disruptions occur. That's where we're at the moment. What you need to know: governments taking precautionary actions to shore up fuel supply. And secondly, if you like, the voluntary components, only buy the fuel you need. Make voluntary choices to use less and avoid the impact of higher fuel prices. That's what we want to see at the moment. The third level, where we're not and which we hope to avoid, but are planning for it, 'Take targeted action'. So, what's happening: ongoing supply disruptions mean we'll focus on getting fuel to where it's needed most and adopt voluntary practical measures to limit fuel use. And fourth, 'Protecting critical services for all Australians': ongoing supply disruptions require government action to ensure critical users are protected and the economy remains open and operating. So, we're going through - we're going through in an orderly way, which is the way that our Government functions.
JOURNALIST: Are you considering any targeted cost-of-living relief for people doing it particularly tough? We're hearing from young regional Australians who've had to cut back on work because it's too expensive to drive back and forth to their jobs.
PRIME MINISTER: We always consider cost-of-living measures. I've asked the Treasurer to comment, but one of the things about July 1 as well, of course, is that our tax cuts come in - our top up tax cuts that will make a difference, particularly for low- and middle-income earners. But the other measures that we've put in place as well for people, whether it's Free TAFE, the expansion of Medicare through Urgent Care Clinics, cheaper medicines. All of those measures are making a difference as well.
TREASURER: One of the reasons why we landed on this approach, to providing more cost-of-living relief in what we're announcing today, is because for people who unavoidably have to drive longer distances, the benefit will be greater for people in regional and rural areas. As the Prime Minister said, we're always trying to do the best we responsibly can to provide cost-of-living relief. The tax cuts are an important part of that. Cheaper medicines, more bulk billing, student debt relief across a whole bunch of different areas to provide as much help as we can in the most responsible way that we can. But when the Cabinet decided to make this announcement today about the fuel excise, Australians in regional and rural Australia were front of mind.
JOURNALIST: Probably to the Treasurer, if I may. Just on two points. Are there any offsets for the fuel excise? Like, do you plan to pay for them somehow, or they're just going to add to the pile? And secondly, just on the GST arrangement, could you be a little clearer? Is it a case where you won't collect the extra portion of GST in the states or that it will be collected and the states will find a way to refund it? Can you sort of let us in on how that's going to work a bit?
TREASURER: Well, in reverse order, Phil, I mean, the states are working through some of those issues, as I understand it, around GST relief. What the Prime Minister did is he went to the meeting with our proposed relief, agreed by the Cabinet a few minutes before he went into the National Cabinet and said that's what the Commonwealth is prepared to do. We would like the states to come to the table with GST relief. As I understood it, they committed to provide GST relief and they'll work through the mechanisms and all of the complexities associated with that. They'll have more to say about it in due course, I hope this afternoon. The answer to the other part of your question is that we've still got a long way to go in finalising the Budget for the second week of May. We wouldn't ordinarily have finished it in the last week of March, but especially when we've got more than the usual amount of global economic uncertainty and volatility that we are dealing with. And so there's a lot of discussion and a lot of deliberation and certainly a lot of decision making still to come when it comes to the final Budget position.
JOURNALIST: Thank you. On the offset, there has been concern from economists, some Labor MPs about when Scott Morrison did something similar, we saw prices just go up, that was being chased up. Are you concerned that that's going to happen? And I suppose what would be your message to those worries from across the country and within Caucus?
PRIME MINISTER: When it comes to the implementation of this change, the ACCC will use the powers that they have. We've beefed that up as part of the measures which are there.
JOURNALIST: Just on the plan, Prime Minister, which you just outlined. The third stage on voluntary measures and other more drastic policy options doesn't have a trigger there as to when that would be activated. What does your Government and state governments need to see before that third stage is activated? And Treasurer, just without offsets on the excise policy, do you acknowledge that you've made the Reserve Bank's job harder? That would be the view of economists.
PRIME MINISTER: On your point, there is a trigger there, which is, 'What's happening' are the triggers in each. So, an identification in simple terms about what's happening and what's happening there is ongoing supply disruptions. So, that means that we're having more difficulty dealing with the pressures which are there. And the National Cabinet would make that decision.
JOURNALIST: How far off are we from that?
PRIME MINISTER: We are substantially away from that because of the supply issues. What we know is that every single ship that was due to come here up to this point - where are we, March 30 - has arrived. We know in April, of the 81 ships that were due, six haven't come, but they've been more than replaced. There are nine in addition. So, there's more fuel arrived than was anticipated. In addition to that, we have the legislation that we announced on Saturday and that was introduced today, which is about us procuring literally shiploads of fuel. Got to be careful how I say that. Shiploads of fuel arriving. We hope we're empowering the private sector by making sure that they get the backup, if you like, mitigating the risk, which is what we're doing. So, the range of measures, as well as the changes that we've made to standards of both petrol and diesel. So, all of these measures mean that for April, we know what's there. We continue to work on supply. That is our prime focus overwhelmingly, and we'll continue to monitor. But what we're doing is very clearly looking forward. So, we're looking forward into the future. If you're aware of what's happening and latest announcements about the Middle East conflict, then I'm happy for you to share it with this press conference, but we're dealing with some uncertainties here. So, what we are doing is providing the certainty that governments are prepared.
JOURNALIST: How would you assess the level of confidence and cooperation around the Nat Cab table today? And have you been given a guarantee that should the situation worsen, that they will stick with this plan, that all states and territories will stick with this plan?
PRIME MINISTER: It was terrific today. That's all I can say. People were cooperative, people were collegiate. We worked very hard on this. People had the document. We worked through, literally, there were in some cases single word changes. So, people were very focused on it, but it was what people want to see. So, across the board, people were cooperative.
JOURNALIST: [INDISTINCT] inflation this year to hit as much as 10 per cent. And can I ask, where does your priority lie in terms of preventing a recession? Which one's more important?
TREASURER: I saw that number reported today. I'm not sure where that number has come from. We've obviously run a number of different scenarios. I've made it clear publicly that the two scenarios we released of the barrel price at $100 and $120 would see inflation get into the high fours or the low fives in the Treasury modelling. And I've been upfront and said that those assumptions and that modelling now looks conservative, but I haven't seen that number that you're referencing, which was reported earlier on. And then briefly to answer Paul's question from a moment ago, I don't draw the same conclusion that you've drawn in your question. Obviously, when we come to this decision to provide cost-of-living relief in this way, we factor in all of the macroeconomic conditions and all of the fiscal circumstances and come up with the most responsible way forward that we can. This is a temporary global oil shock and this part of our cost-of-living relief is temporary as well.
JOURNALIST: Prime Minister, just on the measure that you've undertaken, and Minister Bowen might want to respond here with EFIC stepping in, is that in essence a bit of a blank cheque to get the fuel, no matter what it costs, into this country, whether it's diesel, whether it's avgas, how big are you budgeting that cost might be?
MINISTER BOWEN: I wouldn't use those terms. We're giving Export Finance Australia full flexibility. We've given them lots of tools at their disposal, including insurance. So, that insurance or hedging would only really come into play if petrol prices fell and they bought a cargo at a very elevated rate and then couldn't recoup that later on. It's also, as the Prime Minister and I made clear on Saturday, not about business as usual. If there's a contract of cargo, if there's a contract to fulfil, we expect the private companies to fulfil their contracts without government involvement. This is about going out and getting those spot cargoes, which do exist. The chief executives have been clear to us that the cargoes are there around the world, but they're expensive and with oil prices moving around a lot and the very uncertain situation in the Middle East, it's uncertain and risky. And bigger players can take some of that risk, but there's a limit over which they can't. And smaller players who go and import fuel and send it to regional Australia in particular, can't take that risk, their balance sheet, their cash flow just isn't enough. So, we're here to help them and we're here to help get through that market failure because it's in the national interest to get that fuel to Australia.
JOURNALIST: Prime Minister, what's your honest view about the way Donald Trump is prosecuting this war?
PRIME MINISTER: I want to see more certainty in what the objectives of the war are, and I want to see a de-escalation. So, a de-escalation is in the global economy's interests. I have nothing but contempt for the Iranian regime. At the beginning of the conflict, the objectives were outlined as one, stopping Iran getting a nuclear weapon, agree, and clearly has been achieved. Secondly, degrading the opportunity that Iran has for engaging in military action, either overt or through its proxies in Hezbollah, Hamas and the Houthis. Clearly, there has been substantial degrading of Iran's position. The third was regime change, and I think that very clearly history tells us that regime change from imposed from outside is very difficult. Tends to happen from the bottom-up within a country rather than being imposed from outside, because military action against a nation will tend to promote nationalism within that nation. So, I would like to see the Iranian regime that I regard as abhorrent and reprehensible replaced. And I certainly stand with the Iranian people who've been subject to abuse, human rights atrocities, and oppression for a long period of time. As a whole, but in particular, women and others as well, minorities who've been persecuted by this abhorrent regime. So, I think that clearly whether that is going to occur or not is something that I think needs to be outlined.
JOURNALIST: Prime Minister, you said that the trigger point for moving up the levels in the new plan is going to be National Cabinet will decide. So, have you agreed to a regular tempo of National Cabinet meetings that are coming back every week or something, to keep assessing where that's up to? And is the three-month pause in the excise and the road user charge indicative of how long you think the war will last?
PRIME MINISTER: On the latter, I refer to the comments I've made about certainty. On the former National Cabinet will meet as needed. We're flexible. It's one of the benefits is you can meet virtually. You don't need too much notice, and we work cooperatively, but we're also talking on a regular basis. It's not just when you have nine people around the room, it's one-on-one discussions. We all have each other on speed dial, and that's always the case.
JOURNALIST: For Minister Bowen, you mentioned the uncertainty of global oil markets, but the one thing that we are sure about now is that shipments that typically move from the Middle East to Asian refineries where we get nearly all our fuel are starting to drop off, and that's material. What advice can you share with us that the Australian Government has received about when the output from those refineries is expected to start to tail off?
MINISTER BOWEN: Well, also those refineries are sourcing oil from other places as well. That's also happening. And we're in constant contact with the governments. And at this point, as I said, we are confident in supplies now through until May. Obviously, the situation is moving around. That's why we're taking the sorts of efforts and the actions that we announced the weekend and today to provide as much certainty as a government possibly can in an uncertain environment. Now, yes, the Straits of Hormuz sees 20 per cent of the world's oil, but a much higher proportion of the world's oil, which goes to Asian refineries. That is true. But we are working closely with the governments and I think the Prime Minister, the Foreign Minister and I would all say we've been delighted with the response of our friends and neighbours in Southeast Asia who've been engaging very strongly with us and recognise the importance of them as a reliable supplier of energy. But the point that you point to, fair enough, is that those refineries will face supply constraints. Hence, we have to maximise the opportunity to get those spot cargoes from around the world, and that's the policy that we put in place.
JOURNALIST: A lot of what we've heard today is about short-term plans, managing things in the short term, how do we get through this in the short term. Was there any discussion today around the table about longer-term plans such as increasing our storage capacity beyond, I think it's 38 days, increasing refining capacity, Australia being more resilient and self-sufficient?
PRIME MINISTER: We've got our Future Made in Australia plan. Part of what that's about is recognising, as I think we should have from the COVID pandemic, that Australia remains vulnerable. Why we aren't more self-reliant and why our economic settings aren't more resilient, that's why we need to make more things here across the board. That's why we had the largest storages of fuel that we've had in 15 years at the moment. That's why we're doing things like when it comes to fertiliser, for example, the Perdaman project in Western Australia, but it hasn't come online yet. We're dealing with a decade of neglect, a decade in which of the six fuel refineries that were there in 2013, when we came to office again in 2022, there were two. And we had in Angus Taylor an energy minister who thought our fuel reserves should be kept in the United States of America. We're dealing with that neglect. What we're doing with our focus on a Future Made in Australia, with the work that we're doing on things like battery storage, things like support for electric vehicles. I said, I think on Friday, there's no one who's bought an electric vehicle recently who regrets that decision. We are working through these issues, but you can't solve that immediately. The job of political leadership is to deal with immediate challenges, but always with an eye on how you deal with longer term sustainability and resilience and strength. And that is what my Government is doing.
JOURNALIST: Minister Bowen, firstly to you, just in terms of the fuel excise cut, if people don't heed the request for using fuel wisely, is fuel rationing kind of the stick if the carrot doesn't work? Is that sort of hanging over people if they don't use fuel wisely? And to the Prime Minister, just following up from Mark's question on Iran, is there a world where you would consider committing any military resources into Iran to assist with efforts for the Iranian people to rise up?
MINISTER BOWEN: Firstly, we've been very clear since the beginning of this, that we are asking people to buy as much fuel as they need, as much fuel as they usually get, not more, not less. That's a sensible thing to do to help the country through this situation. When you've had demand increased by 100 per cent and stay very high in a lot of areas, that is driving a situation where the supply chain will struggle to keep up. And we are seeing very big increases in fuel deliveries to the regions. At the moment, focusing on farmers, so going to farmers and fuel distributors who are selling direct to farmers because they're seeding, that's very important for the country. So, that is happening and I think that's the right approach by the companies. In relation, we've just released a national fuel security plan with four steps. I mean, as the PM said, we're at stage two. We hope we expect to stay at stage two. We certainly don't expect to move off there for quite a while because stage three is about when supply is disrupted. And at this point, there's been no disruption to international supply to Australia.
JOURNALIST: Is that rationing, stage four? I know there's voluntary, not mandatory, but is stage four rationing?
PRIME MINISTER: We've released the plan. You can see it all there. We're at stage two. What we want to do, to be very clear and explicit. We want the country to not go through what it went through in COVID. What we're talking about here is responsible action, putting forward a plan and working with Australians, working with different levels of government, working with each other for it as well. On your question to me, I refer to my answer to Mark. I think the answer was in there. It's not how change occurs in nation states. I can't think of an example where that has occurred. Overwhelmingly though, it doesn't change the fact that we completely stand with the people of Iran, many of whom, of course, bravely went out there and demonstrated for human rights and for change in their nation. And many thousands were murdered by a regime that has contempt for human rights and has very different values from what Australia has.
JOURNALIST: Given the volatility of petrol prices at the moment, there's an opportunity for service stations to increase their profit, given the taxes coming off. What's your message to road users about the effectiveness of the ACCC? Have they fined anyone over the last month? And what's your message to the actual distributors and the service stations themselves?
PRIME MINISTER: My message is simple, that you need to do the right thing. You need to do the right thing, and not just on a voluntary basis, the ACCC will make sure that happens.
TREASURER: Our message to the suppliers and the retailers is if you do the wrong thing by Australian motorists and Australian truckies, the ACCC will come down on you like a tonne of bricks, and that's as it should be. We've empowered the ACCC. We've increased their surveillance and monitoring. We're increasing the penalties. We've made it possible for them to issue on the spot fines, and that's because every cent of this cost-of-living relief that we've announced today needs to reach the pockets and wallets of Australian motorists who are doing it tough. There is never a good time to do the wrong thing in our markets, but especially when Australians are doing it as tough as they are now, the ACCC will do whatever it can to make sure that suppliers and retailers are not taking Australian motorists and truckies for mugs.
PRIME MINISTER: Thanks very much, everyone.
