Petrol prices drop to four-month low but government excise ends soon

Petrol prices in Australia fell to a four-month low, with the national average dropping 5.6 cents to $1.69 per litre. However, the end of the government's fuel excise discount will add 26.3 cents per litre back onto prices, offsetting some financial relief for households. The Reserve Bank of Australia maintained the cash rate at 4.35 percent.

Summary by OZbrief · SBS News – Australia