The excise, worth 44 cents per litre and due to rise later this year in line with inflation, will be cut by 10 to 20 cents.
Australians will be given a cut in fuel excise for at least six months in a federal budget plan to reduce the rate by more than 10 cents a litre to help households with the soaring price of oil.
Asked about whether a cut to fuel excise was responsible, Mr Morrison said he “notes the speculation” but would not be drawn on the budget measure. “I mean, we’ve steered the Australian economy through one of the most challenging and difficult times since the Great Depression and we’ve steered this country through a time of great international uncertainty, particularly in our region, the likes of which we haven’t seen since the Second World War.
“There’s a reasonable chance that there’ll be petrol excise cut. Of course, we’re unlikely to stand in the way of that,” Mr Chalmers said.
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