ABC News & Headlines – Australian Broadcasting Corporation·4 min read·medium
The fuel excise cut is due to end at midnight. This is what you can expect at the pump
G
Georgie Hewson
✦AI Summary
The Australian federal government is ending its fuel excise cut, which will lead to higher petrol prices for consumers. The measure, originally implemented to provide cost-of-living relief during an oil supply crisis, is being phased out despite ongoing market volatility.
The excise cut was designed to "take some of the sting out of the cost-of-living pressures", the Treasurer said. ( ABC News: Adam Griffiths )
economypoliticsbusiness
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