Coalition pledges two new future funds to bolster the regions

Peter Dutton has spent time at a laser cutting business in Melbourne once again focusing on the economy.

Transcript

00:00Peter Dutton has finished up his third visit to Melbourne so far of this campaign and he's

00:08wrapped it with surprise surprise another petrol station visit this is the sixth of the campaign

00:14so far this afternoon it was with Goldstein candidate Tim Wilson although we were filling

00:20up in the neighbouring electorate of McNamara just on the border of Goldstein there Peter

00:27Dutton arrived with Mr Wilson in a van branded with Mr Wilson's name and face he had a chance

00:34encounter with 12 year old Sammy who approached to ask where's Albanese the the Peter Peter Dutton

00:42has been using these stops to spruik the party's 25 cent fuel excise cut promise saying that will

00:49help reduce the cost of fuel for motorists and the average motorist filling up weekly expected to

00:56save about $14 if that cut is passed on fully by retailers earlier as you say Mr Dutton visiting

01:04a metal fabricator where he repeated his plan to force the gas giants to divert some of their supply

01:11into the domestic market but what has loomed large today over both the Liberal and Labor campaigns is

01:18once again United States President Donald Trump's tariff campaign Peter Dutton saying that Australia

01:24faces great uncertainty the markets are volatile and the country needs a plan to improve its buffers

01:32its safeguards in the federal budget against a potential economic shock Mr Dutton detailing the

01:39coalition's plan today to establish a new future generation fund to do just that it would be paid for

01:45using the windfalls of commodity receipts the increases year on year 80 percent of those going

01:53into this fund that could only be accessed in emergencies and they would introduce legislation

01:59to ensure that's the only way it could be used opposition leader Peter Dutton saying the coalition is

02:04prepared to take action to safeguard the economy our plan is to manage the economy well as as coalition

02:12governments always do and it allows us to pay down Labor's debt over time so that we don't have that

02:19huge interest bill and it also allows us of course to give back to regional Australians

02:24well as I say Peter Dutton is ending his third visit to Melbourne in the must-win state of Victoria for

02:33the coalition it's a land of rich opportunity for the party here and a state where they'll have to

02:40perform well to have any chance of forming majority government come the May 3 poll now Mr Dutton has

02:46a breakfast event in Perth tomorrow so no prizes for guessing where he might be headed next

02:51you