Senator AYRES (New South Wales—Minister for Industry and Innovation and Minister for Science) (14:51): I guess I've had a few opportunities to canvass some of this before, so I'll try and do it in a different— Senator Cash: Not convincingly! Senator AYRES: and, maybe, as Senator Cash says, more convincing kind of way. The National Oil Supplies Emergency Committee has already met twice and been very clear that there is no shortage of supply. Senator McKenzie: We've had two meetings—huge! The PRESIDENT: Senator McKenzie, I'm warning you. Senator AYRES: Australia has 1.56 billion litres of petrol on hand, 802 million litres of jet fuel on hand, 2.97 billion litres of diesel on hand— Senator Colbeck interjecting— Senator AYRES: Senator Colbeck says, 'Where?' Well, not in Texas but here in Australia. This is above— The PRESIDENT: Senator Wong? Senator Wong: I'm sure he doesn't need assistance, but it was somewhat loud. Point of order: I wonder if we could at least tone the interjections down a little, in terms of volume and repetition. The PRESIDENT: I'm sure you've noticed, Senator Wong, that for almost the last hour I have been calling fairly consistently for order, but I would ask those on my left to come to order once again. The minister has the right to respond to the question in silence. Minister Ayres, please continue. Senator AYRES: Of course, Minister Bowen's work has been ongoing through this process. Yesterday, as was publicly canvassed, we met with the National Farmers' Federation, the Australian Trucking Association, Fertilizer Australia, the peak group of service stations and the Australian Institute of Petroleum. We are going to continue with an approach that is about Australians working together to deliver in the national interest, off the back of this government not just talking about but implementing the minimum stockholding obligations and the country performing at a higher level. We are very focused on these issues, but not complacent. As the announcement that came just before question time and I relayed earlier makes very clear, we are increasing penalties, focused on working with the regulators, and we're going to be working through this in a consistent and disciplined way. The PRESIDENT: Senator Polley, first supplementary?