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The New Daily
The New Daily
Business
Matthew Elmas

‘Good deal’: Petrol prices plunge to eight-month low before fuel tax sting

Petrol prices are at an eight-month low but will rise soon when a fuel tax holiday expires. Photo: AAP

Australian petrol prices fell to an eight-month low in the past week, bringing relief to motorists before the fuel-tax holiday expires in late September.

National average petrol prices fell 4.9 per cent, or 8.5 cents per litre (cpl), to 164.4 cpl over the week to Sunday, according to Australian Institute of Petroleum figures published on Monday.

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