Australian Government Reassures on Fuel Supply as Coalition Calls for Excise Cut
Australia's prime minister and energy minister moved to reassure the public that fuel supply levels will be normal or even higher in coming weeks. However, ACCC data shows diesel and unleaded petrol prices have risen 10% and 8% respectively across the five largest cities. The opposition Coalition is calling for the fuel excise to be halved.
Latest figures from ACCC show diesel and unleaded petrol prices across the five largest cities up 10% and 8% respectivelyFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe prime minister and energy minister moved to reassure the public about normal or even higher levels of fuel supply in the coming weeks, as the Coalition escalated calls for a cut to the fuel excise and the government downplayed the prospect of any major restrictions on petrol sales.It comes as the latest figures from the consumer watchdog showed diesel prices across Australia’s five largest cities have risen by an average of 10% over the last week, while unleaded petrol was up 8%. Continue reading...