Advertisement

Australia cuts fuel tax as global conflict drives prices higher

Australia cuts fuel tax as global conflict drives prices higher
A worker collects engine oil as he works at a degassing station near Basra, Iraq, on 28 March 2026. Photo: AP/UNB
Advertisement
Advertisement
Advertisement
Advertisement

Australia will cut its fuel tax in half to ease costs for motorists hit by soaring petrol prices from the Middle East war, Prime Minister Anthony Albanese said on Monday.

“We are making fuel cheaper today because we understand that Australians are under serious pressure,” Albanese said.

Australia charges a sales tax of 52 cents on each litre on petrol sold at the pump, which will be halved for three months.

Follow TIMES on Google News

Get trusted updates and editor-picked stories in your feed.

Follow
Related News