Petrol prices on track to top $2 a litre as Bowen sounds death knell for fuel excise relief
Australian petrol prices are expected to rise above $2 per litre following the government's decision to end the temporary fuel excise discount. Energy Minister Chris Bowen confirmed that the cost-of-living relief measure will not be extended.
Why it matters
The end of the subsidy will directly impact household budgets and inflation, reflecting the government's fiscal policy shift regarding cost-of-living support.
Car owners are likely to see petrol prices above $2 a litre and diesel above $2.40 after the government confirmed the end of the fuel excise discount. Car owners are likely to see petrol prices above $2 a litre and diesel above $2.40 after the government confirmed the end of the fuel excise discount. Petrol prices Petrol prices on track to top $2 a litre as Bowen sounds death knell for fuel excise relief Petrol now costs more than $1.90 a litre in every capital city, with diesel expected to exceed $2.40 a litre
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Prefer the Guardian on Google Petrol prices could surpass $2 a litre and diesel $2.40 in coming days, after the government’s 16-cent discount ends on Sunday.
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