Australian drivers facing fuel price hike of up to 24 cents a litre as excise cut expires

ACCC warns outlets against passing on increased excise before running down supplies of half-taxed fuel

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Australian motorists are already being slugged by unacceptably high" fuel prices ahead of the end of the fuel excise cut that will lift bowser costs by as much as 24 cents a litre, the NRMA has said.

The Albanese government has resisted pressure to extend the six-month halving of the fuel excise, which will expire at midnight on Wednesday. The policy, inherited from the Morrison government, cost the budget $3bn.

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