Reinstating the fuel excise: how much will petrol prices rise and why now?

Will petrol prices return to levels seen in March when the fuel excise is fully reinstated? Photograph: Diego Fedele/AAP

Australians have been partly shielded from soaring fuel prices over the past six months by a cut to the fuel excise, introduced by the previous Coalition government.

But on 28 September the full fuel excise will be reinstated, with consumers warned prices will climb once again.