“Consideration will be given to risk sharing between the Government and the industry, including whether mechanisms for Government to capture a share of excess profits during favourable market conditions are appropriate”

Australian Parliament: House of Representatives · Question Time | 28 October 2026

Play from 1:15:55
1:15:55

Audio streams from the publisher’s own feed. Verbatim does not host or copy it.

What was described

proposed risk-sharing mechanism to capture a share of excess refinery profits

Said nearby on the same subject

“You’ll be able to trade futures contracts on the output, on the tokens themselves… that profit margin… akin to what an oil refinery does”
♫
Said on Odd Lots
Why it worked Share this moment
“All refineries in India are operating at 100% or more capacity utilization. Reliance refinery ... can sometimes go even as high as 115, 120%”
♫
Said on The Core Report
Hard number 115-120% capacity utilization Share this moment
“Delta owns a refinery… they are one of the few airlines better insulated because of the fact that they own a refinery.”
♫
Said on Bloomberg Intelligence
Business model Share this moment
“Now not only do you get big salaries we also have profit shares and so people are here now to win together”
JS
Jaspreet Singh
Afford Anything | Get Smarter With Money ·
Business model Share this moment

Moments like this, every Monday

The strongest new moments on your topics, in the speakers' own words. Free for three topics.

No card. No password. One-click unsubscribe.

Track a competitor?

Pro watches up to 25 names or phrases and emails you the morning after they are said.

See Pro, $29 a month

Verbatim quotes a short extract and links to the episode; the episode belongs to its publisher. Remove a show.