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The New Daily
The New Daily
Business
Matthew Elmas

Motorists face $2.20 petrol as retailers cash in before tax sting

Petrol prices are set to soar to new highs as retailers jack up prices before taxes increase. Photo: TND

Petrol prices may hit $2.20 a litre within weeks as service stations raise bowser rates to multi-month highs, motorists have been warned.

Daily average petrol prices across Sydney, Melbourne and Brisbane sit at 191 cents per litre (cpl) after a 23 per cent hike since prices bottomed two weeks ago, according to MotorMouth data.

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