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The New Daily
The New Daily
Business
Matthew Elmas

Where petrol prices are headed as the holiday rush winds down

Petrol Brisbane Sydney Melbourne New Year Australia Perth
Petrol prices have fallen from New Year's highs, but the situation varies wildly across the nation. Photo: TND

Petrol prices have plunged from New Year’s highs across major capitals, but motorists should take advantage quickly as service stations are already starting to hike prices again.

Daily average petrol costs across Brisbane, Melbourne and Sydney have fallen 12.7 per cent in the past three weeks, according to MotorMouth figures, and are now about 171.3 cents per litre (cpl).

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