The Age ·general ·1 hour ago

Petrol could top $2 a litre by June as excise winds up

Australia's 32-cent fuel excise discount expires June 30, Treasurer Jim Chalmers confirmed Wednesday, potentially pushing unleaded petrol above $2.15 per litre. Current prices average $1.85 in major cities. The temporary relief, implemented during Middle East conflict disruptions to global oil supplies, will not be extended despite ongoing geopolitical uncertainty.

Summary by Glance · The Age

Next