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Latest news: Petrol

Extra fuel savings on the way after states end feud

Extra fuel savings on the way after states end feud

About $400 million of extra GST revenue as a result of the oil spike will be returned to motorists, despite the negative impact it will have on state buffers.

Fuel costs nip fishmongers ahead of Good Friday frenzy

Fuel costs nip fishmongers ahead of Good Friday frenzy

Fuel costs nip fishmongers ahead of Good Friday frenzy

Fuel costs nip fishmongers ahead of Good Friday frenzy

Fishmongers are absorbing fish price hikes ahead of Good Friday but are warning of when customers could feel the hip pocket sting if the fuel crisis continues.

Long, bumpy road ahead for fuel crisis, PM warns nation

Long, bumpy road ahead for fuel crisis, PM warns nation

Long, bumpy road ahead for fuel crisis, PM warns nation

Long, bumpy road ahead for fuel crisis, PM warns nation

Australians are being warned the fuel crisis could worsen as Anthony Albanese uses a national address to urge motorists to think of others when filling up.

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Fuel relief may not be enough to help stressed budgets

Fuel relief may not be enough to help stressed budgets

Two of Australia's biggest banks have recorded noticeable rises in the value of fuel transactions, with one also seeing evidence of potential stockpiling.

Fuel pain to last longer despite tax cut kicking in

Fuel pain to last longer despite tax cut kicking in

Fuel prices won't immediately become cheaper at the bowser as a tax cut comes into effect, and might take weeks to flow through to motorists.

Embattled motorists win bowser relief as taxes slashed

Embattled motorists win bowser relief as taxes slashed

The government has moved to cut taxes on petrol and diesel, as the Middle East war sends global oil prices through the roof.

Truck tax cut backed as fuel-rationing threat looms

Truck tax cut backed as fuel-rationing threat looms

Business groups have urged the government to cut the road-user charge for trucks, but not the fuel excise for all motorists.

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Australia to be 'overprepared' for ongoing fuel woes

Australia to be 'overprepared' for ongoing fuel woes

Australia to be 'overprepared' for ongoing fuel woes

Australia to be 'overprepared' for ongoing fuel woes

Australians are being urged to use common sense instead of stockpiling petrol and diesel as the government proposes new powers to secure supplies.

Drivers urged to nab 'undersold fuel' as costs spike

Drivers urged to nab 'undersold fuel' as costs spike

Drivers urged to nab 'undersold fuel' as costs spike

Drivers urged to nab 'undersold fuel' as costs spike

Data on fuel has revealed which capital cities are offering the cheapest and most expensive prices as motorists are urged to use an "undersold" option.

EV loans double as pressured drivers dodge petrol pump

EV loans double as pressured drivers dodge petrol pump

EV loans double as pressured drivers dodge petrol pump

EV loans double as pressured drivers dodge petrol pump

After years of government incentives to boost electric vehicle sales, a climate change sceptic's war has Aussies ditching the pump for the plug at high speed.

Coalition calls for cut to fuel tax as price woes mount

Coalition calls for cut to fuel tax as price woes mount

Coalition calls for cut to fuel tax as price woes mount

Coalition calls for cut to fuel tax as price woes mount

Cutting battery and EV subsidies would help pay for a coalition plan to halve the fuel excise amid a surge in oil prices caused by the Iran war.

Bigger fines for dodgy servos but fuel fears remain

Bigger fines for dodgy servos but fuel fears remain

Bigger fines for dodgy servos but fuel fears remain

Bigger fines for dodgy servos but fuel fears remain

Fresh produce is likely to go up in price as higher fuel costs flow through the nation's supply chains, but relief to petrol shortages is on the way.

Fuel shortages, price hikes drive rethink on ethanol

Fuel shortages, price hikes drive rethink on ethanol

Fuel shortages, price hikes drive rethink on ethanol

Fuel shortages, price hikes drive rethink on ethanol

Innovative fuel-saving ideas are being tossed up to tackle Australia's shortages as the Iran war throws global oil trade into chaos and prices soar.

Diesel standards eased as fuel shortages deepen

Diesel standards eased as fuel shortages deepen

Diesel standards eased as fuel shortages deepen

Diesel standards eased as fuel shortages deepen

Measures to help more diesel flow into the domestic market have been announced as hundreds of service stations across Australia run dry.

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Fuel theft and aggression spikes at petrol stations

Service station operators are reporting a rise in fuel theft and customer anger as the cost of fuel continues to climb.

Rationing not yet on the cards as fuel outlook worsens

Australia has been reassured by a key trading partner its fuel supplies are not at risk as other nations look to limit exports to support domestic markets.

'Bumps' but no fuel shock yet as tankers cancelled

The war in the Middle East has forced six fuel shipments to Australia to be cancelled, but a minister insists any shortages are demand not supply driven.

Fuel companies warned to give Aussies fair go at bowser

To address fuel availability issues at service stations, companies will be allowed to co-ordinate with each other on supply but not prices.

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Aussies urged to work from home to save precious fuel

As dozens of servos run dry of petrol and diesel, the nation's road commuters are being told to go slower or even stay at home to ease the pain of fuel shocks.

'Over-prepared': PM's pledge on growing fuel crisis

Australia will have a single point of contact co-ordinating fuel supplies and issues that might arise due to the Iran war, with further measures expected.

Treasurer warns of major economic damage from Iran war

Fresh modelling shows oil price shocks and soaring prices for other commodities will have a lasting impact on Australia's economy.

Australia prepares fuel plans if Mideast war drags on

Australia is preparing for all scenarios should the war in the Middle East go on indefinitely and the fuel crisis escalates, the prime minister says.

Fuel ration push parked as crisis talks target pricing

Ministers say they're focused on getting more petrol into the market in response to the Iran war, rather than limiting how much motorists can buy.

Fuel tax cut urged to avoid fruit 'rotting on trees'

As some country towns face major petrol shortages, pressure is mounting on the federal government to intervene to bring down fuel prices.

Emergency global stockpile oil coming soon, IEA says

Emergency oil reserves from Asia and Oceania ‌will be available immediately, the International Energy ‌Agency says as it details the release of stockpiles.

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