What the halving of the fuel excise means for the price of your petrol
Australians should save about 26c a litre at the pump after the federal government announces a cut to the fuel excise.
What the halving of the fuel excise means for the price of your petrol
Australians should save about 26c a litre at the pump after the federal government announces a cut to the fuel excise. Grouped from 3 articles across 2 sources.
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Clustered coverageABC Australia, The Guardian
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Australians may not see cheaper fuel for weeks despite Labor’s excise cuts
Flow-on effect will depend on how quickly service stations sell more expensive fuel, experts warn, leaving Easter travel plans up in the air Get our breaking news email , free app or daily news podcast Australians expecting relief from punishing fuel prices in time for Easter travel are set to be disappointed, with the industry predicting the effects of Labor temporarily halving the excise will take days or weeks to reach some bowsers around the country. The halving of the fuel excise, which begins on Wednesday and lasts until the end of June, means the federal government will now collect 26.3c from every litre over the next three months instead of 52.6c a litre. Continue reading...
Economists warn fuel price cut likely to come with 'sting in the tail'
Drivers will pay about 26.3 cents less on every litre of fuel they buy for three months, but some economists warn it could ultimately leave Australians worse off.
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