Trade

On 24 March 2026, Australia and the European Union agreed the Australia-European Union Free Trade Agreement. Prime Minister Albanese's optimistic announcement is at odds with the widespread criticism and disappointment evident in the responses from the Victorian Farmers' Federation, Canegrowers, the National Farmers' Federation, Queensland Farmers' Federation and the Australian Lot Feeder's Association

New data from more than 700 primary producers shows fuel supply is falling short of demand by millions of litres across regional Western Australia, with the most significant gaps in the grain growing regions ... "Time is critical and running out. The Cook Labor Government must intervene immediately and redirect supply to farmers as a matter of absolute urgency. The Premier has the power to act — and he must."

Energy Estate and Queensland Cane Agriculture and Renewables have formalised a strategic affiliation to advance the BioNQ Project in North Queensland, positioning sugarcane as a critical solution to Australia’s fuel security challenge while delivering long-term regional economic benefits. ARR.News asked a few further questions of Simon Currie, Energy Estate's Chief Project Officer.

Professor Bhattacharya from Monash University says advancing domestic refining and feedstock technologies is critical to improving long-term fuel security. Monash engineers have developed a pyrolysis technology that converts end-of-life tyres and plastics into high-value liquid hydrocarbons, creating a new, circular source of refinery-ready feedstocks.

Yet drive through Perth and the metropolitan fuel system appears to be operating normally. No ration notices. No capped pumps. No anxious motorists sneaking jerry-cans into the back of Hiluxes ... something more curious is emerging: selective rationing.

There was also something about prioritising regional areas. What there was not was anything resembling a system to track where fuel shortages are actually occurring, or to require distributors to send fuel where it is most needed.

The Nationals WA Leader Shane Love MLA has blasted the Cook Labor Government as impotent in the face of Western Australia’s escalating diesel crisis, accusing it of failing to use the powers available to ensure fuel reaches the industries and communities that keep the State running.

The Roundtable of more than 50 industry and government leaders met ... to discuss the fuel issues affecting Australia from the conflict in the Middle East ... While the Federal Government is responsible for Australia’s fuel supply and has advised that national fuel stocks remain secure, the Roundtable agreed to immediate actions by the State Government to address local distribution issues and minimise price impacts for consumers.

Caitlin Menadue. Yorke Peninsula farmers, businesses and residents are grappling with the ongoing fuel crisis, as prices soar, independent retailers start to run dry and there’s no visible end in sight .... "Tractors, sprayers, seeders and trucks all rely on diesel to operate, and with seeding approaching it is essential that grain producers can access reliable fuel supplies."

When governments start calling emergency roundtables it usually means one thing: The planning should have happened years ago. Last week the Western Australian Government convened a “Fuel Security Roundtable” in response to supply disruptions linked to rising tensions in the Middle East.

This article is a rerun of a piece I first published in these pages back in November 2023 ... Readers may recall the strategic fuel debate that ran hot a few years ago when the BP refinery in Perth was about to close and Australia suddenly realised it only had a couple of weeks of fuel reserves.

As the Middle Eastern wars plunge the world's oil industry into chaos, Central Australia could be sitting pretty. The Mereenie oilfield, 250 kms west of Alice Springs, produces 300 barrels a day (a barrel is 159 litres), of a purity that allows the crude to be used in many diesel engines without refining.

TasFarmers has warned that just as farmers grapple with a fuel supply crisis, alarm is now growing over surging farm fertiliser prices that could push food costs higher and deepen economic pressure ... TasFarmers President, Ian Sauer, said the impact would be felt across the core fertilisers farmers rely on to grow crops.

Statements from the Hon. Chris Bowen, Minister for Climate Change and Energy, regarding releasing up to 20 per cent of the baseline Minimum Stockholding Obligation for petrol and diesel and temporarily amending Australia's fuel quality standards to allow higher sulfur levels for the next 60 days.

Right now across regional Western Australia something deeply concerning is unfolding. Farmers are being told their diesel deliveries have stopped. Some have been warned supply may not resume for weeks. Others cannot lock in deliveries at all. In some cases, operations have already ground to a halt simply because there is no fuel to run the machinery. This should alarm every Western Australian.

I’m continually amazed how many people can fly to Bali yet couldn’t point to it on a map. Ask them to name the countries that sit north of Indonesia and you’ll usually get a blank look. Yet geography still matters. In fact, it quietly dictates how the global economy works.

Beneath the agreeable language embedded in regenerative agriculture — soil health and sustainable ecosystems — sits a more consequential proposition: that modern, input-intensive agriculture has overshot its optimal point and that government policy should now encourage a structural shift toward lower-input systems. That is not a trivial adjustment. It is a claim about the production frontier of Australian agriculture. Claims of that magnitude ... warrant far more rigorous empirical scrutiny than they have so far received.

Australia’s cotton industry ... celebrating its contribution to the milestone set to be reached by Australian agriculture this year, with gross production value to exceed $100 billion – four years ahead of the 2030 target.

Ukrainian agricultural producers have managed to adapt to the changing market environment. In this new reality, farmers have little influence on events. Survival depends on the ability to adapt to circumstances, which in most cases are force majeure. This makes Ukrainian agriculture the most extreme agriculture in the world.

Australia’s beef exports are set to face some of the biggest adjustments compared with other international exporters as new import quotas announced by China in late last year reshape the global beef trade, Rabobank says in a newly-released report.

Australian agriculture is set to reach a record $101.4 billion in grosspproduction value in 2025-26 before easing in 2026–27, with both prices and output expected to soften. ABARES is forecasting combined agriculture, fisheries and forestry value to top $107.4 billion in 2025-26 – also a record - underscoring the strength of Australia’s primary industries.