{"id":826556,"date":"2026-07-26T04:54:13","date_gmt":"2026-07-26T04:54:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/826556\/"},"modified":"2026-07-26T04:54:13","modified_gmt":"2026-07-26T04:54:13","slug":"drivers-warned-not-to-expect-extended-fuel-excise-cut","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/826556\/","title":{"rendered":"Drivers warned not to expect extended fuel excise cut"},"content":{"rendered":"

Fuel excise relief for motorists is unlikely to be extended despite the war in the Middle East flaring up.<\/p>\n

The Labor government halved the fuel excise for three months from April in response to rising prices as a result of the US-Israeli war with Iran, saving drivers 32 cents a litre on fuel.<\/p>\n

The measure was extended for a further month in July, but at a reduced rate of 16 cents per litre.<\/p>\n

The extension is due to lapse on August 2.<\/p>\n

\"Driver<\/p>\n

Petrol prices could reach more than $2 a litre as the fuel excise discount is wound back. (Joel Carrett\/AAP PHOTOS)<\/p>\n

Fresh tensions between the US and Iran have caused Brent crude oil prices to rise to more than $US100 a barrel, but Prime Minister Anthony Albanese has indicated continued excise relief is not on the cards.<\/p>\n

“That’s not in our planning at this point in time,” he told ABC’s Insiders program on Sunday.<\/p>\n

“(Fuel) usage has come down and is indeed lower than it was a year ago as well, but importantly as well, we have kept supply going.”<\/p>\n

Mr Albanese indicated some fuel-related measures were in the pipeline.<\/p>\n

“We’ll have some more announcements about fuel in the coming days and weeks as well,” he said.<\/p>\n

“We’ll continue to examine things that were in that process in the budget.”<\/p>\n

Drivers have been warned petrol prices could reach more than $2 a litre as the excise discount is wound back.<\/p>\n

\"a<\/p>\n

Brent crude oil prices have risen to more than $US100 a barrel amid fresh US-Iran tensions. (Dan Himbrechts\/AAP PHOTOS)<\/p>\n

Average prices for unleaded petrol have climbed to more than $1.80 per litre in all state capitals in recent days, up from about $1.50 at the end of June.<\/p>\n

The jump in oil prices comes as Iran-aligned Houthi militants fired on Saudi oil installations on the coast of the Red Sea and Tehran attempted to shut down shipments through the Strait of Hormuz again.<\/p>\n

US strikes have recommenced in response to Iranian attacks on vessels travelling through the strait, a key oil transit route.<\/p>\n

Mr Albanese said a continuation of the conflict would lead to economic pressure.<\/p>\n

“The war is having an impact here in Australia and the longer it goes, the bigger the impact will be,” he said.<\/p>\n

“This is a war on the other side of the world.<\/p>\n

“We are not protagonists in it, but we are impacted by it and we’ve consistently called for a de-escalation.”<\/p>\n","protected":false},"excerpt":{"rendered":"Fuel excise relief for motorists is unlikely to be extended despite the war in the Middle East flaring…\n","protected":false},"author":2,"featured_media":826557,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[60722,45,49,48,46,220033,5897,202965,204779],"class_list":["post-826556","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-anthony-albanese","tag-business","tag-ca","tag-canada","tag-economy","tag-fuel-excise","tag-iran","tag-petrol-prices","tag-war-in-the-middle-east"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/826556","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=826556"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/826556\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/826557"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=826556"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=826556"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=826556"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}