7 News – Business ·business ·1 hour ago

Fuel tax discount expires, pushing petrol prices up 16 cents nationwide

Australia's temporary fuel tax discount expires at midnight Monday, pushing petrol prices up roughly 16 cents per litre and diesel by 17 cents. Unleaded fuel is expected to exceed $2 per litre nationwide, with increases taking weeks to fully flow through service stations and supermarkets. Motorists are urged to fill up only as needed to avoid panic buying.

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Published 02 Aug 2026, 03:46 UTC · Updated 02 Aug 2026, 03:50 UTC

Summary by OZbrief Editorial. Original report: 7 News – Business. Editorial policy · Corrections