Australia Cuts Fuel Tax, Eases Pump Pain
Sydney News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Australias government has cut fuel excise tax in half, aiming to ease the pain at the pumps after prices spiked due to Middle East conflicts. The three-month cut, starting April 1st, will take one to two weeks to fully impact prices. The move could potentially increase inflation, affecting interest rates.
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