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Petrol Prices Surge Past $2 as Fuel Excise Relief Ends

๐Ÿ’ก Why it matters
The end of fuel excise relief will increase household transportation costs by an estimated $15 per week, squeezing budgets already stretched by inflation.

Australian motorists face record petrol prices exceeding $2 per litre as Energy Minister Chris Bowen signals the end of fuel excise relief. The temporary cut, introduced to ease cost-of-living pressures, will not be extended, adding financial strain to households.

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