YOUR SAY: Should the fuel excise cut be extended? Petrol prices are on the rise following the conclusion of the Government's excise cut. The Albanese Government has ruled out an extension, but has pledged other cost of living relief plans. 9News INFO:
around the country are through the roof in a worrying sign of what's to come for motorists.
One service station in Brisbane reached $2.24 a litre for unleaded yesterday - 3c/L more than Queensland's previous high in March.Australian petrol prices are set to exceed $2.20 a litre, and will likely only rise further when the fuel excise cut ends on September 28. Sydney prices have reached $2.26/L, while Melbourne and Adelaide have both matched Brisbane's highs of $2.24/L.Prices are expected to rise further through the current cycle.Aussie motorists are being stung just prior to the long weekend, a traditional high-mileage holiday.
In the short term, the long weekend in some states and territories is expected to push prices up further in coming days. The federal government had previously ruled out extending the excise cut, but has pledged other cost of living relief measures.