Petrol Prices Rise Across Australia Ahead of Fuel Excise Tax Reinstatement

Petrol Prices Rise Across Australia Ahead of Fuel Excise Tax Reinstatement
A general view of a fuel dispenser at a Caltex Woolworths petrol station in Melbourne, Australia, on Aug. 10, 2017. Scott Barbour/Getty Images
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Australian petrol prices have started to lift again ahead of the expiry of the fuel excise tax reduction in September.

Data from the Australian Institute of Petroleum showed that while wholesale petrol prices dipped by 2.6 cents a litre (6.8 U.S. cents a gallon) across Australia in the week ending Aug. 21, the national average retail price climbed by 3.6 cents to $1.72 a litre.
Alfred Bui
Alfred Bui
Author
Alfred Bui is an Australian reporter based in Melbourne and focuses on local and business news. He is a former small business owner and has two master’s degrees in business and business law. Contact him at [email protected].
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