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Woman standing beside car at fuel pump with price sign showing Australian fuel grades
✓ ThenightlyPower & Policy

Albanese government rules out fuel excise cut as petrol hits 237.8c per litre

Richard Marles said the government won't cut fuel excise despite petrol hitting 237.8c per litre in Sydney.

Richard Marles told the media on Sunday that the government is not considering another fuel excise cut. The Albanese government previously slashed the fuel import tax in April, saving drivers up to 32 cents per litre, then halved it in June before ending it entirely in August.

Petrol prices have since climbed sharply due to global conflict. The NRMA reports regular unleaded in Sydney now costs 237.8c per litre, with further rises expected this week.

Marles said the government is focused on other cost of living measures and promised there would be "light at the end of the tunnel" as international conditions ease.

237.8c per litre
Current petrol price Sydney
Up to 32c per litre
April excise cut savings
Richard Marles
Official making statement
Low to mid 240c per litre
Expected price range

Why it mattersHouseholds are facing higher petrol costs with no near-term relief, directly affecting household budgets and transport costs.

AustraliaAustralian drivers will pay significantly more at the pump, with no government fuel excise relief despite prices reaching near-record levels.

Corroborated bynews24.com.au

✓ Claims checked against the source. checked 44 min ago

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