Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - AU
The Guardian - AU
Business
Peter Hannam

Australian drivers facing fuel price hike of up to 24 cents a litre as excise cut expires

Woman refuelling her car
Australia’s 50% cut to fuel excise ends at midnight on Wednesday. Photograph: Bianca de Marchi/AAP

Australian motorists are already being slugged by “unacceptably high” fuel prices ahead of the end of the fuel excise cut that will lift bowser costs by as much as 24 cents a litre, the NRMA has said.

The Albanese government has resisted pressure to extend the six-month halving of the fuel excise, which will expire at midnight on Wednesday. The policy, inherited from the Morrison government, cost the budget $3bn.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.