Petrol prices could rise slightly after government halves fuel excise discount | ABC NEWS

The federal government is halving its discount on the fuel excise after three months of providing relief to motorists. The Albanese government is welcoming a drop in global prices but is still extending its measures to ease economic pressure at the bowser for another month. ABC reporter Isabella Tolhurst says the cut to its discount is likely to lead to a slight increase in petrol prices. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2026-06-20/fuel-excise-rebate-discount-petrol-federal-government-extended/106823512 Note: In most cases, our captions are auto-generated. #ABCNEWS #ABCNEWSAustralia #abcnewschannel