Fuel companies warned to give Aussies fair go at bowser
To address fuel availability issues at service stations, companies will be allowed to co-ordinate with each other on supply but not prices.
To address fuel availability issues at service stations, companies will be allowed to co-ordinate with each other on supply but not prices.
As dozens of servos run dry of petrol and diesel, the nation's road commuters are being told to go slower or even stay at home to ease the pain of fuel shocks.
Australia will have a single point of contact co-ordinating fuel supplies and issues that might arise due to the Iran war, with further measures expected.
Fresh modelling shows oil price shocks and soaring prices for other commodities will have a lasting impact on Australia's economy.
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Australia is preparing for all scenarios should the war in the Middle East go on indefinitely and the fuel crisis escalates, the prime minister says.
Ministers say they're focused on getting more petrol into the market in response to the Iran war, rather than limiting how much motorists can buy.
As some country towns face major petrol shortages, pressure is mounting on the federal government to intervene to bring down fuel prices.
Emergency oil reserves from Asia and Oceania will be available immediately, the International Energy Agency says as it details the release of stockpiles.
Australia has stockpiled more than a month's supply of fuel and is as "prepared as possible" as the war in the Middle East continues to impact global supply,
Petrol and diesel prices were hiked dramatically almost straight after war broke out in the Middle East, the consumer watchdog has found.
The government has temporarily lowered Australia's fuel quality standards to boost supplies as the war in the Middle East disrupts global markets.
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Panic buying has forced some regional service stations to impose fuel restrictions as farmers warn shoppers to brace for grocery price hikes.
Australia's leading fuel retailer has benefited from converting dozens of its petrol stations to unmanned sites in what could be a sign of things to come.
Hybrid, plug-in hybrid and electric vehicles are closing the gap on their petrol rivals with sales figures showing a change in consumer sentiment.
Ukrainian long-range strikes might have slashed petrol supplies in Russia by up to a fifth, President Volodymyr Zelenskiy claims.
EV users are closer to paying road maintenance fees as the nation's treasurers meet to work out a way to fund a shortfall of drivers paying less excise on fuel.
Fuel bound for Gaza has reportedly arrived in Egypt as Israel eases access for food aid to the enclave, but the UN warns far more deliveries are needed.
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The consumer watchdog is being urged to make sure motorists aren't ripped off at the bowser after Middle East strikes led to a surge in fuel costs.
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Anthony Albanese has dismissed suggestions he was "flat-footed" after US bombing raids on Iran, as he called for a ceasefire to hold between Iran and Israel.
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Iranians in Australia say there is growing community fear over the safety of family members caught up in escalating violence in the Middle East.
Labor's election tax cuts will provide a "meaningful" boost to the economy, while the coalition's fuel excise cuts have been labelled economically "silly".
Three popular small cars, including a hybrid model, are among the latest vehicles found using more fuel than expected in Australian road tests.
Australians are facing headaches at the petrol bowser and a national body has called for an investigation as costs surge in capital cities.
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Energy company Ampol has slashed its interim dividend on lower fuel volumes, tanking its share price, but signalled a return to normal at its refinery.
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Transport is becoming an even bigger household expense, with research showing costs grew by more than 10 per cent over the past year.
Rising wholesale costs, high oil prices and a weak Australian dollar have pushed fuel prices to new highs in Australia's capital cities.
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Giving motorists more options for cheaper cars is at the heart of proposed fuel efficiency standards, the federal government says.
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Australians will be able to breathe easier, spend less on fuel and have more choice at the car yard under proposed new efficiency standards for cars and utes.
Perth retains its title as Australia's cheapest petrol capital with regular unleaded costing an average of 183.9 cents per litre for 2023.
Higher international fuel prices driven by oil production cuts and strong demand, combined with a lower US dollar exchange rate, are pushing up petrol prices.
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An analysis of net-zero plans released by petrol companies have questioned their green claims, including their reliance on 'dirty' hydrogen and carbon offsets.