Australians need to worry about ongoing shipping tolls through the Strait of Hormuz, the federal opposition says, as the government lowers but extends tax cuts on fuel.
The federal government has extended the fuel excise cut, but there's a twist.
Prime Minister Anthony Albanese said he knew Australians were still "under pressure".
Australia's PM extends $400 million fuel relief through July at 16¢/litre (halved from 32¢ since April) amid Middle East tensions. Commodity price volatility signals prolonged economic pressure; IT leaders must reassess operational budgets and supply-chain hedging strategy.
Australia will extend fuel excise relief for an additional month, Prime Minister Anthony Albanese said on Sunday, as the country continues to grapple with higher fuel costs during the Iran war.
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Australia will extend petrol price relief for motorists struggling with the economic impact of the war in the Middle East, Prime Minister Anthony Albanese announced yesterday.
The prime minister said drivers would get 16¢ a litre off fuel in July as fragile peace talks come under threat with Iran closing the Strait of Hormuz.
Australia will extend fuel excise relief for an additional month, Prime Minister Anthony Albanese said on Sunday, as the country continues to grapple with higher fuel costs during…