PM's Press Club Speech: Budget Clues Amid Fuel Crunch

0:00The Prime Minister heads to the National Press Club today, Wednesday, April 1, 2026, to lay out the government's top economic moves, before next month's federal budget drops. This comes right in the middle of a nasty fuel crunch sparked by Iran's shutdown of the Strait of Hormuz amid the ongoing war. On the world stage, foreign minister Penny Wong is jumping into a virtual UK-led summit with 35 nations aimed at getting ships moving freely. Through that key waterway again, UK Prime Minister Sir Keir Starmer kicked it off yesterday, but word is the US isn't on the end by list, though President Donald Trump plans his own. Address later today, Australia backed a joint statement two weeks back, slamming the closure as a hit-to-global trade, and the most vulnerable folks everywhere. Back home, reactions are heating up. Opposition leader Angus Taylor ripped into the PM's recent national address, calling it empty talk with zero road map for families, wondering if they. Can hit the Easter road trip and make it back on scarce fuel.

1:01States are stepping up where federal leadership feels fuzzy, pushing for daily fuel supply reports to cut the confusion between Canberra and the capitals. Keep an eye on that. Press Club Speech. I could drop real clues on how the budget tackles this mess, while the world scrambles to reopen the straight and steady-ar pumps. This has been Sidney News Today, powered by AI. I'm Cory with the story.