Fuel prices set to rise as government winds back excise cut
Australians will pay more for petrol and diesel from July 1 as the federal government begins winding back temporary fuel tax relief introduced during the Middle East conflict.
Drivers will pay $10 more to fill a 65-litre tank of fuel when tax relief designed to combat surging fuel prices begins to wind back.
The move comes after a volley of dire warnings grocery and transport costs would spike and holiday-makers would stay home if the discounted fuel excise returned in full.
The tax will begin to creep back onto prices at the servo from July 1.
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