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Latest news: Petrol

Fuel prices can't stop the music at outback festival

Fuel prices can't stop the music at outback festival

The rising cost of fuel has failed to deter thousands of music-loving campers hitting the road to travel to outback NSW for the Mundi Mundi Bash.

City drivers to cop first sting of end to fuel discount

City drivers to cop first sting of end to fuel discount

City drivers to cop first sting of end to fuel discount

City drivers to cop first sting of end to fuel discount

Households and businesses are bracing for more cost-of-living pressure as the government's fuel excise pause ends, pushing prices for petrol and diesel higher.

Electric vehicle sales soar during fuel price crunch

Electric vehicle sales soar during fuel price crunch

Electric vehicle sales soar during fuel price crunch

Electric vehicle sales soar during fuel price crunch

Australian motorists are voting with their feet and wallets as electric cars drive a path through the market.

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Household spending in spotlight as Iran war drags on

Household spending in spotlight as Iran war drags on

Data showing how households are managing the fallout from shaky global conditions caused by conflict in the Middle East is set to be closely scrutinised.

Rock star Elder hails Gove mining closure as land win

Rock star Elder hails Gove mining closure as land win

The end of mining at Gove is a chance to reclaim Yolŋu land, an Indigenous Elder says, and turn Rio Tinto’s old fuel tanks into a national storage hub.

Motorists urged off panic buying as excise cuts end

Motorists urged off panic buying as excise cuts end

Australians will likely be paying up to 16 cents per litre more for petrol as excise cuts come to an end but servos are still on notice to avoid price gouging.

Fuel seller eyes massive earnings lift due to conflict

Fuel seller eyes massive earnings lift due to conflict

The company that owns one of Australia's two oil refineries says the Middle East war underscores the need to keep that capability, as the conflict continues.

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'Build resilience': refinery touted but discount to end

'Build resilience': refinery touted but discount to end

'Build resilience': refinery touted but discount to end

'Build resilience': refinery touted but discount to end

A study will examine locations for what would be the first refinery to be built in Australia since the 1960s, as a cut to the fuel excise is set to end.

'Too high': RBA rates warning as inflation fears flare

'Too high': RBA rates warning as inflation fears flare

'Too high': RBA rates warning as inflation fears flare

'Too high': RBA rates warning as inflation fears flare

The Reserve Bank governor says interest rates may need to go higher, as Australia's weak productivity problem locks households in for lower living standards.

Drivers warned not to expect extended fuel excise cut

Drivers warned not to expect extended fuel excise cut

Drivers warned not to expect extended fuel excise cut

Drivers warned not to expect extended fuel excise cut

Anthony Albanese has indicated further price relief at the bowser is unlikely after an excise discount wraps up.

Fuel supply secure despite price alert as war grinds on

Fuel supply secure despite price alert as war grinds on

Fuel supply secure despite price alert as war grinds on

Fuel supply secure despite price alert as war grinds on

The nation's fuel supply remains secure despite the war in Iran but motorists should brace for rising prices as experts warn of extensive economic impacts.

Federal boost to help jet fuel refinery take off

Federal boost to help jet fuel refinery take off

Federal boost to help jet fuel refinery take off

Federal boost to help jet fuel refinery take off

Australia's first new refinery in 40 years is a step closer after funding was announced to help a biofuel company turn forestry waste into jet fuel.

Australia expands its fuel buffer against Gulf turmoil

Australia expands its fuel buffer against Gulf turmoil

Australia expands its fuel buffer against Gulf turmoil

Australia expands its fuel buffer against Gulf turmoil

Australia’s fuel reserves have hit all-time highs as the Iran conflict roils global oil markets, helping keep unleaded around $1.76 a litre in capital cities.

Trump threatens to shoot down signs of economic rebound

Trump threatens to shoot down signs of economic rebound

Trump threatens to shoot down signs of economic rebound

Trump threatens to shoot down signs of economic rebound

Oil prices are rising again as conflict between the US and Iran reignites, threatening a recent recovery in household confidence and spending.

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Motorists to pay price for US blockade, toll in strait

While the government is concerned about the impact on petrol prices, the opposition warns a US toll in the Strait of Hormuz would set a dangerous precedent.

'Can you imagine': PM mocks One Nation over fuel crisis

Australia's multicultural background is being held up by the government as a reason the nation was able to strike fuel supply deals with its Asian neighbours.

'Watching like a hawk': servos on notice as fuel rises

Winding back discounts to the fuel excise are hitting motorists in the hip pocket, with service stations and suppliers monitored for exorbitant price rises.

Fuel pinch arrives sooner for some as discount halved

Motorists feeling the cost crunch are encouraged to fill up tanks before the fuel excise discount is halved, with one cohort likely to feel its impact first.

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State urged to pump the brakes on electric car charge

Health and transport experts are urging a state government to slow its plans for an electric vehicle tax and wait for a national approach.

Fuel costs to creep up as states back excise return

Drivers will pay 16 cents a litre more for petrol and diesel from July as battles over taxes on fuel open up on multiple fronts.

More fuel relief for motorists with halfway measure

Motorists will receive an extended discount on fuel but the savings will be lower as the government weighs budget costs against higher bowser prices.

PM still hedging on extension of fuel tax discount

Asked whether a decision is likely on an extension to the federal government's fuel tax discount, Prime Minister Anthony Albanese says a call is days away.

Drivers brace as excise increase looms on holiday eve

A jump in fuel prices will wreak havoc on regional economies as one of the biggest holiday periods for road trippers approaches, a peak body has warned.

Fuel prices destined to jump despite record supplies

The expected end to the 32-cent-a-litre fuel tax cut will see fuel prices tick back up despite hopes for a looming resolution to the conflict in Iran.

Motorists set to pay more for fuel as tax cut ends

Motorists will face higher fuel prices at the bowser in the coming weeks as the federal government flags the end of the temporary cut to the excise.

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