Fuel excise cut savings eroded by rising petrol prices amid increasing cost of living pressures
by Australian Associated Press from World news | The Guardian on (#5Z0TX)
Australia's rising inflation and interest rates could see more people begin to struggle with mortgage repayments, expert says
Petrol prices rose for a third week in a row as global factors undermine the Morrison government's much-touted temporary cut in fuel excise aimed at easing cost of living pressures.
The Australian Institute of Petroleum said the national average for petrol prices rose by a further 1.4 cents to 179.6 cents a litre in the past week.
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