Extension on fuel excise relief kept in play by PM
Fuel excise relief appreciated by Australian motorists may not end in July, as the government promotes other tax cuts due to begin at the same time.
petrol
Fuel excise extension weighed as states look to supply
The prime minister has left the door open to more tax relief at the bowser as state governments attempt to shore up their own fuel supplies.
Big state fuel buffer to protect against foreign shocks
South Australia could stockpile up to 20 million litres of diesel, touting a bigger fuel buffer than larger jurisdictions, as states rush to lock in supplies.
Australia will avoid recession, despite global jitters
One of the big four banks has delivered encouraging news about Australia's chances of avoiding a recession, which could still emerge in the global economy.
States pump up fuel security and bowser policing
One state is opening surplus port land to new fuel tanks and refineries as it races to boost storage and cut reliance on volatile global supply chains.
Third RBA rate hike might not be the end for borrowers
Mortgage holders are back to square one after a third straight Reserve Bank rate hike, adding hundreds of dollars more to interest repayments since February.
Oil crisis not over: warnings of diesel over $4 a litre
With the Strait of Hormuz still shut and stockpiles running down, economists warn fuel prices could spike above levels previously seen during this oil crisis.
National fuel reserve ‘future-proofed’ in $10b plan
Australia has taken steps to shore up security of fuel and fertiliser under a multibillion-dollar package as supply chains remain disrupted by the Iran war.
Search to shore up fuel security strikes ‘liquid gold’
A renewable diesel project has been unveiled as a state government shores up fuel security after butting heads with the commonwealth over a proposed oil field.
Australia has more fuel in tank than before Iran war
As the repercussions of the US-led war on Iran continue and a crucial oil corridor remains effectively closed, Australia has topped up its fuel supply.
Extra diesel shipments prioritised for regional areas
Two additional cargo ships of diesel will come into Australia, bringing in 100 million litres of supply after deals struck with two major fuel companies.
Rego rebate to ease pain at the pump for motorists
Motorists in one state will receive a one-off rebate on car registration to ease cost-of-living pressure as fuel prices soar across the country.
Impact on inflation from fuel price hike to be revealed
The first inflation figures since the Iran war started, causing petrol prices to skyrocket, will give clues on its cost - with home-buyers watching closely.
Coalition fuel fix misfires over start-up funding doubt
Confusion reigns over who would pay for a coalition plan to add one billion litres to Australia's emergency fuel stocks - and if the supply figures add up.
Worse to come as oil crisis adds fuel to rate-pain fire
A rate hike in May is forecast by analysts after the Iran oil shock pushed the annual headline inflation level to the highest point in almost three years.
Signs point to bumpy road for motorists in fuel crisis
Higher fuel prices could be just weeks away as conflict in the Middle East drags on, with the nation's leaders committing to further crisis talks.
Cracks show in One Nation vote as Hanson taunts rivals
The number of voters backing Pauline Hanson's political movement appears to have plateaued, but the firebrand senator says her rivals are copying her policies.
By-election sparked by MP’s death ignites fuel debate
A by-election date has been confirmed after an MP's sudden death, triggering debate about a state government's handling of the fuel crisis.
Reopening of strait “very fragile”, PM says
Dozens of oil tankers are on their way to Australia through the Strait of Hormuz as an international mission gets under way to ensure the waterway remains open.
Drivers’ fuel spend finally drops as oil channel shuts
Australian motorists are caught between the US and Iran as the Islamic republic backflips on a promise to reopen a critical shipping route.
Truckies win fuel boost to fight dire price threat
Transport workers could soon be getting more money to cover the costs of rising fuel prices from the Iran war after a decision from the workplace watchdog.
Fresh fuel supply fears hosed down after refinery blaze
Australia will lean more heavily on fuel imports after a fire caused by a suspected gas leak ripped through one of the nation's two oil refineries.
Pressure over fuel, fertiliser as refinery burns
Fertiliser, fuel and a refinery fire at home are causing concern amid the ongoing conflict in the Middle East.
No extra fuel security measures after refinery inferno
An increase in Australia's fuel security level is not being considered, despite a major fire at an oil refinery disrupting 40 per cent of petrol production.
Unions lobby to unlock fuel cap for workers who drive
Australia's peak union body is calling for fuel allowances for workers to be increased to help them meet rising costs at the bowser.
Qantas route cuts will hit hard for regional travellers
Australians in regional areas will bear the brunt of increased airfares and reduced services as Qantas cuts routes in response to increasing fuel prices.
Fuel ships inbound but supply uncertainty lingers
National diesel reserves inch higher as the federal government confirms 57 tankers are on their way to Australian shores.
More cost relief on table as Aussies asked to save fuel
The impacts of the energy crisis will likely continue even if a Middle East ceasefire holds, the government warns as it prepares to roll out an ad campaign.
Richest state could fuel up for ‘tough’ times
A cashed-up state government could build its own emergency fuel reserve while still expecting to receive its cut of the national stockpile.
All options on table in drive to shore up fuel supply
Encouraging the extraction of more fossil fuels and developing more renewable projects is being considered to bolster Australia's long-term energy security.
Australia and Israel at odds over Lebanon ceasefire
Lebanon must be included in a temporary truce in the Middle East, Australia says, warning motorists will pay the price at the bowser if the conflict drags on.