Fuel Prices Stall Amid Government Intervention: PM Albanese Heads to Singapore A recent dip in fuel prices appears to be short-lived, with petrol prices now stagnating despite a federal government-led cut to the fuel excise just last week. The move, aimed at providing relief to Australian motorists, has had limited impact, and diesel prices are now on the rise again. In a bid to mitigate the situation, Prime Minister Anthony Albanese is set to embark on a diplomatic mission to Singapore, the country's largest fuel supplier. The trip, which will see Albanese engage with international stakeholders, is part of the government's efforts to maintain downward pressure on fuel prices.
Petrol prices have stopped falling, despite the federal government’s cut to the fuel excise last weekTrack Australia’s fuel prices, service station outages and shipments in chartsFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastAnthony Albanese will fly to Singapore this week – Australia’s biggest source of petrol – as the government mounts an international bid to keep fuel prices from rising.Diesel is getting more expensive again and petrol prices have stopped falling, despite the federal government’s cut to fuel excise last week. Continue reading...
