Australia news live: Chris Bowen says petrol reserves won’t ease shortages straight away; RBA tipped to hike rates

Energy minister says it will take ‘some time’ for extra supply to reach regional areas. Follow today’s news liveGet our breaking news email, free app or daily news podcastTaylor hammers energy minister over fuel prices, but doesn’t offer solutionsOpposition leader Angus Taylor is continuing to hammer the federal energy minister, Chris Bowen, over rising fuel prices this morning.Last week, on Tuesday, there was no problem at all. By Thursday, it was a national crisis. He simply hasn’t been on top of it. The result is out here in regional areas, we’ve got farmers and truckies and others deeply concerned.Of course, but shortages are not part of that. And there’s a role for the government to play in dealing with shortages. Continue reading...