“The cost of filling up a petrol car in July is likely to be up to 40¢ a litre higher than it was before the start of the #USA ( #Israel) conflict with #Iran if the Albanese government ends its cut to the #FuelExcise as planned.
The government temporarily cut 32¢ per litre from the excise at the height of the crisis in April, at a cost of around $2.5 billion, but is weighing up whether to extend all or part of the relief beyond June 30 as it faces a dip in its political support and an insurgent One Nation.”
#AusPol / #ClimateEmergency / #economy <https://www.afr.com/policy/energy-and-climate/why-your-next-tank-of-petrol-could-cost-24-more-despite-us-iran-deal-20260616-p60752> (paywall) / <https://archive.md/gx2AX>
