The price of petrol is about to leap, as the previous government's temporary halving of the fuel excise tax comes to an end this week.
[Natasha Bradshaw](/by/natasha-bradshaw-p536gv)is an associate in the Transport and Cities program at the Grattan Institute. Instead of focusing on which products are increasing in price, we need to focus on which households need help the most. A consequence of cheap petrol is that Australians buy more gas-guzzling SUVs than almost anywhere in the world. And as much as it feels like petrol is expensive at the moment, low taxes on fuel mean Australia has some of the cheapest petrol in the world. Truck and bus operators are expected to pay for their share of road costs through an annual registration fee and a fuel-based road-user charge, which is collected through the fuel excise tax. Anything with a price tag that big – two-thirds of the cost of the childcare subsidy over the same period – needs to help those who need it the most.
That extra 23c per litre will be reflected in petrol prices once fuel stocks subject to the outgoing levy are depleted. This should not happen immediately, ...
It’s for that reason the new Labor government The timing also just happened to coincide with an impending election, focused on cost-of-living. MORE:
The NSW Treasurer has urged motorists to do their research before fuelling up and has claimed filling up at cheaper stations can save drivers up to $800 a ...
The NRMA, which also has its own app, where members can hunt for cheap petrol, said the average wholesale price of petrol in Sydney on Monday was 148 cents per litre. The fuel excise – a sales tax the federal government levies on petrol and diesel bought at the bowser – was cut in half by the former Scott Morrison government leading up to the May election. The NSW Treasurer has claimed drivers can save as much as $800 per year by doing one simple thing, as a discount on fuel is set to end this week. The average price of E10 fuel at the cheapest station, Liberty Girraween, was 156.2 cents per litre. The NSW Treasurer has urged motorists to do their research before fuelling up and has claimed filling up at cheaper stations can save drivers up to $800 a year. NSW Treasurer says drivers can save up to $800 per year by shopping around, as fuel excise cut set to end
Motorists have just two days to fill up their vehicles – and perhaps a jerry can or two – before petrol and diesel prices begin climbing by up to 25c per ...
The wholesale price of petrol in Perth on Monday – paid by retailers buying in bulk – was 144cpl, the lowest since December last year. “The fact the excise cut ends this week is obviously not the best and I’m not really happy about it but it is what it is.” Motorists have just two days to fill up their vehicles — and perhaps a jerry can or two — before petrol and diesel prices begin climbing by up to 25c per litre when the halving of fuel excise ends on Thursday.
Motorists have just two days to fill up their vehicles – and perhaps a jerry can or two – before petrol and diesel prices begin climbing by up to 25c per ...
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Motorists will soon face higher petrol prices with a temporary cut to a fuel tax set to end....
The cut to the fuel excise was put in place by the former coalition government for six months to help Australians struggling with the cost of living and soaring petrol prices due to the war in Ukraine. "We're likely to see prices after the excise on an average basis ... "We want to make sure people get the right deal to the maximum possible benefit."
Transport companies and motorists are facing a big petrol bill in the coming weeks with the return of the full fuel excise set to add on an extra 22 cents a ...
Digital subscribers now have the convenience of faster news, right at your fingertips with the Bendigo Advertiser. Now just one tap with our new app. Prices are not expected to jump up straight away. "Most of our customers are loyal to us and understand the circumstances we're in," he said. "It means for our type of business, we are reimbursed for a tax on a tax sort of thing," Mr Wynveen said. Transport companies and motorists are facing a big petrol bill in the coming weeks with the return of the full fuel excise set to add on an extra 22 cents a litre at the pump.
The consumer watchdog has been ordered to monitor the petrol market for price gouging when a temporary tax cut comes to an end.
The cut to the fuel excise was put in place by the former coalition government for six months to help Australians struggling with the cost of living and soaring prices at the bowser due to the war in Ukraine. "Despite falling global prices and the full fuel excise tax not yet reinstated, prices in Sydney are approaching $2 per litre, meaning motorists are paying much more for fuel than they should be in the lead up to the October long weekend, he said on Wednesday. Motorists should not see an immediate uptick in petrol prices with the fuel excise cut ending, Assistant Treasurer Stephen Jones says.
It's a grim time for ordinary workers. Tax cuts for high income earners are still in the pipeline but today the fuel excise cuts end, and that's on top of ...
Add to that the cost of living pressures from the removal of the temporary cut to petrol excise which cuts in this week. Michael West established michaelwest.com.au to focus on journalism of high public interest, particularly the rising power of corporations over democracy. It’s a grim time for ordinary workers.
The fuel excise cuts end on Wednesday, and NSW Treasurer Matt Kean has shared how you can get more bang for your buck at the bowser.
[a list of comparison apps](https://www.epw.qld.gov.au/about/initiatives/fuel-price-reporting/apps-websites) that function across the state, and in the ACT motorists looking to fill up can head to [PetrolSpy](https://petrolspy.com.au/map/latlng/-35.308024/149.12451). [FuelCheck](https://www.fuelcheck.tas.gov.au/app) app, the Western Australian government offers [FuelWatch](https://www.fuelwatch.wa.gov.au/), and The Northern Territory government offers [MyFuel](https://myfuelnt.nt.gov.au/). For people who fill up weekly, that equals an extra $60 expense every month. [a fuel map and price comparison tool](https://www.racv.com.au/on-the-road/driving-maintenance/fuel-prices.html) from RACV shows you where to find the cheapest petrol and discount offers. [fuel price comparison app.](https://our.raa.com.au/fuelprices) Across Australia, fuel price comparison apps and websites offer a similar service and can help you save hundreds at the fuel pump over the year. “That means if you’re filling up and finding the cheapest petrol station in your suburb, you could save up to $800 a year,” he said. [FuelCheck app](https://www.fuelcheck.nsw.gov.au/App/Home/About).” [The fuel excise cuts](https://7news.com.au/business/tax) have come to an end, and with that Australian motorists can expect [petrol prices to skyrocket.](https://7news.com.au/business/money) “This Wednesday the fuel excise discount will come to an end, and this will see petrol prices rise across New South Wales, and indeed across the country, by about 20 cents a litre,” Kean said. [as station stockpiles of cheaper fuel eventually dwindle](https://7news.com.au/business/finance/fuel-excise-cut-to-expire-adding-15-to-the-cost-of-a-60-litre-tank-of-petrol-c-8312116). [Personal Finance >>](https://7news.com.au/lifestyle/personal-finance?utm_source=7NEWS&utm_medium=contextual-link&utm_campaign=lifestyle-article-sub-topic-page)