Carrington Clarke

Do you think this will be welcomed by Australia?

Yeah, absolutely.

A big decision.

Interesting that the government has decided to announce this separately to the budget.

Seems to add to the speculation that there will be major announcements on budget night.

They didn't want this to be announced at the same time because they wanted a lot of focus on it beforehand.

We wait to see, but it does look like perhaps the government is getting ready for a major reforming type budget.

That is it for today's episode of ABC Business Daily.

We'll be back with another episode tomorrow.

Our sister podcast, Politics Now, will be unpacking the political details of today's National Cabinet meeting.

We'll link to that in our show notes.

Make sure you're following us on ABC Listen or wherever you get your podcasts.

As always, if you'd like to send in a question, just like Cathy, email abcbusinessdaily at abc.net.au.

Catch you next time, Ian.

Welcome to Fuelcast.

I'm Carrington Clark and this is your source to stay on top of the numbers behind the ongoing energy crisis.

It's Wednesday, May the 6th.

We're recording mid-morning.

Let's have a look at the figures.

The price of Brent crude has risen to $110 a barrel since we last checked in.