Petrol could top $2 a litre by June as excise winds up
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Source: The Age
Published: 2026-05-27 14:01 UTC+10:00
Section: Politics / Federal
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Transport, Middle East, Military & Defence, Iran, War & Conflict
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Snippet:
The 32¢-per-litre discount on fuel will be removed at the end of June, Treasurer Jim Chalmers said on Wednesday, which would send the price of a litre of unleaded petrol above $2.15 and diesel beyond $2.60 unless there is a swift end to the US-Israeli war on Iran.
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