Australia petrol prices set to jump as fuel excise cut ends
Australian drivers are bracing for petrol price increases as a temporary fuel excise cut comes to an end, with unleaded forecast to rise to about $2.20 a litre and diesel to $2.60. The change is expected to add pressure to household budgets nationwide.
Australian drivers are bracing for higher prices at the pump as a temporary cut to the federal fuel excise comes to an end, with unleaded petrol forecast to rise to about $2.20 a litre and diesel to around $2.60 once the excise returns to its normal rate.
The fuel excise cut had been in place as a cost-of-living relief measure, and its expiry is expected to add renewed pressure to household budgets already strained by high living costs. Transport and logistics operators are also expected to face higher fuel expenses.
The price increase is likely to reignite political debate over further relief measures, with opposition figures expected to press the government on whether it will extend or replace the excise cut given ongoing affordability concerns among voters.
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