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ABC News
ABC News
Business

Why is petrol so expensive in Australia? And when will petrol costs go down?

Petrol Australia ACCC Adelaide Brisbane Melbourne Perth Sydney Ampol Australian Competition and Consumer Commission
Family budgets remain under pressure, with fuel prices still high. (ABC News: Che Chorley)

Australian drivers are paying eye-watering prices for fuel, with the price of petrol passing $2 a litre.

That's even after the fuel excise was halved in March, to 22 cents a litre, in a federal government move aimed at reducing the pressure on motorists.

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