Tuesday, May 19, 2026

Willis meets Australian treasurer as fuel pressures rise

Willis meets Chalmers

Finance Minister Nicola Willis has met with Australian Treasurer Jim Chalmers in Brisbane for the annual trans-Tasman economic dialogue, with talks focusing on fuel supply disruptions, rising price pressures, and closer economic integration.

The meeting comes amid global instability linked to conflict in the Middle East, with both sides agreeing to maintain close coordination on fuel markets, supply chains, and financial system resilience.

“New Zealand and Australia are working closely together to manage the impacts of global events on our economies and on household budgets,” Willis said.

The pair also discussed the strain of higher fuel and freight costs on Pacific nations, backing continued targeted support through international partners. Emphasising the need for cautious fiscal management, Willis added that governments must deliver “measured responses that are timely, temporary and targeted” to avoid fuelling inflation.



Both ministers reaffirmed their commitment to advancing the Single Economic Market agenda to boost trade, investment, and economic resilience across the region, while also taking part in business discussions and upcoming Anzac Day commemorations.

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7 COMMENTS

  1. Stop buying oil from the Middle East. There has always been war there, there will always BE war there. Place is an eternal civilisational sh**hole.

    There are other places on earth with oil.

  2. How lovely. Hope they had a great chin-wag, shared tea with jam and cream and talked about underarm bowls in Cricket.

    Of course the tax payer funded stint will do nothing to arrest the decline of our once great nation.

  3. “New Zealand and Australia are working closely together and reaffirmed their commitment to advancing the Single Economic Market Agenda,” said Willis.
    Well, they would be wouldn’t they, as the Colony of New South Wales and the New Zealand Company are divisions of the same company, being enjoined by charter in 1846. So, we have the New Zealand Company, Colony of New South Wales, New Zealand Parliament, Parliament of New South Wales, being divisions of the same company, who’s ‘legal owner’ is the Corporation of Great Britain. That’s why all the flags have the Union Jack in the top left-hand corner, as it signifies the government and law that you are in allegiance to. We are deemed to be under the ‘legal status’ of the Colony of New South Wales/New Zealand Company of the United Kingdom of Great Britain and Ireland.
    Fonterra (Willis), Air New Zealand (Luxon) and both Uni-parties are subsidiaries of the New Zealand Company; yet behind that sits the Royal Bank of Scotland, behind that the United Kingdom of Great Britain and Ireland, behind that the Presbyterian Church/Church of Scotland, behind that the Military Church Orders of the Roman Catholic Church ( Knights of Malta/Jesuits/Templars) and behind that the Imperial Crown of the Holy Roman Empire.

  4. Wasteful governments on both sides of the ditch, trying to borrow and sell off their respective nations path to “prosperity”.

  5. Both nations should be rebuilding and implementing new petroleum refineries, and drilling as well.
    THERE IS NO SHORTAGES OF OIL & NATURAL GAS IN NEW ZEALAND OR AUSTRALIA!
    An NZO&G brochure / newsletter to shareholders stated that there was 350+ years of oil in New Zealand’s territory, and 430 years of natural gas!!
    Marsden Point needs to be rebuilt, modernised, and the gas fields opened-up.
    Otherwise, we’re looking at e-vehicles and nuclear power, despite the fact that oil is still needed for non-transportation and friction reduction purposes!

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