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Fuel Prices Fall as Australian Servos Fast-Track Excise Cuts

The three-month cut gives motorists a 26.3 cent-a-litre discount, while farmers say the halved diesel rebate will leave costs unchanged.

  • On Wednesday, the Albanese government halved the fuel excise by 50 per cent for three months to ease cost-of-living pressures caused by the Middle East conflict.
  • Retailers in major cities began passing on the 26 cent-a-litre cut early, with Adelaide cutting prices by 25 cents and Melbourne unleaded falling 16 cents by Wednesday morning.
  • Treasurer Jim Chalmers warned on Tuesday that consumers should expect the full benefit to take one to two weeks to flow through as retailers manage existing stock.
  • Raworth lucerne farmer Brahm Osbourn said the cut fails to assist agriculture and mining due to the diesel rebate system, while his monthly fuel costs increased by more than $6000.
  • Nationals MP for the Upper Hunter Dave Layzell expressed concern that slashing the excise could undercut crucial road infrastructure funding for the Muswellbrook bypass in the Upper Hunter region.
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12 Articles

Sydney Morning HeraldSydney Morning Herald
+3 Reposted by 3 other sources
Lean Left

Fuel prices fall as Australian servos fast-track excise cuts

Petrol prices in Australia’s biggest cities have begun falling as retailers move unexpectedly early to pass on the government’s 26¢ excise cut in part, or in full.

·Sydney, Australia
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gloucesteradvocate.com.augloucesteradvocate.com.au
+2 Reposted by 2 other sources
Lean Left

Fuel excise cut begins today but when will prices drop?

Hunter motorists await a 26.3-cent-a-litre fuel discount. Discover why Treasurer Jim Chalmers says the full benefit will be delayed.

Read Full Article
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Bias Distribution

  • 86% of the sources lean Left
86% Left

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Crikey broke the news in Australia on Tuesday, March 31, 2026.
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