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Fuel prices increase (slightly) tomorrow
In response to the fuel crisis and war in the Middle East, the government cut the fuel excise in half – which was saving motorists about 26c per litre – which was due to end tomorrow.
This is a really important warning from the ACCC because we want to make sure that every cent of the government’s fuel excise cut is passed on to motorists who need this extra bit of relief.
It’s been really terrific to see petrol prices and diesel prices come down very substantially in recent months. In fact, this week, we think for the first time, both petrol and diesel is cheaper than it was before the war in the Middle East began. But people are still under pressure. That’s why we’re extending this fuel price relief, this petrol and diesel tax cut for another month, at a tapered rate.
