Australia extends fuel excise cut with smaller savings
Australia will prolong a temporary cut in fuel excise but at a lower rate after improved tanker traffic through the Strait of Hormuz eased supply concerns.
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1 source grouped by AFBytes in Economy
AFBytes briefing
Changes in Australia's fuel tax directly alter pump prices paid by drivers and the operating costs of transport businesses.
What to watch next
- Track the next Australian budget update for any further adjustment to the excise schedule.