Article 425CT Why are Australia's petrol prices so high? – video explainer

Why are Australia's petrol prices so high? – video explainer

by
David Fanner
from on (#425CT)

Petrol prices have risen 20% in the past year, moving the issue to the top of the political agenda. But why? About half the cost is down to the international oil price but taxes make up 35% and politicians of both sides have not hesitated to manipulate the rate for advantage. The Coalition and Labor are now bidding to look like champions for consumers

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