Albanese Addresses Fuel Crunch: Tax Cut, Price Watch
Adelaide News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Tonight, Prime Minister Anthony Albanese will address the nation on fuel supply issues, outlining government moves and urging fuel conservation. The government is temporarily halving fuel excise tax, reducing wholesale prices by 26.3 cents per liter. Prices for E10 unleaded petrol have already dropped by over 14 cents in NSW, while diesel is down about 6 cents. This is the first simultaneous broadcast since the COVID pandemic, aiming to rally everyone together amid fuel shortages and price fluctuations. The ACCC will monitor stations to ensure savings are passed on, and states debate GST tweaks on fuel to ease the pain.
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