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Petrol prices on track to top $2 a litre as Bowen sounds death knell for fuel excise relief

World 1 source 1 country 🔦 Under-reported 12m ago

Petrol prices across Australia are on track to surpass two dollars a litre in the coming days, with diesel expected to exceed two dollars and forty cents, as the government rules out any extension of fuel excise relief.

The impending price surges follow the conclusion of the government's temporary sixteen-cent fuel discount. Currently, petrol costs more than one dollar and ninety cents a litre in every capital city.

Energy Minister Chris Bowen signaled the definitive end to the tax relief measure, leaving motorists facing significantly higher refuelling costs nationwide as prices continue their upward trajectory.

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Read the full story at the source The Guardian World · GB
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