Fuel pain to last longer despite tax cut kicking in
Fuel prices won't immediately become cheaper at the bowser as a tax cut comes into effect, and might take weeks to flow through to motorists.
Fuel prices won't immediately become cheaper at the bowser as a tax cut comes into effect, and might take weeks to flow through to motorists.
The government has moved to cut taxes on petrol and diesel, as the Middle East war sends global oil prices through the roof.
Free public transport will be offered across two states to offset petrol price pain and soaring demand amid the global oil crisis.
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Business groups have urged the government to cut the road-user charge for trucks, but not the fuel excise for all motorists.
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Australians are being urged to use common sense instead of stockpiling petrol and diesel as the government proposes new powers to secure supplies.
Data on fuel has revealed which capital cities are offering the cheapest and most expensive prices as motorists are urged to use an "undersold" option.
Fresh produce is likely to go up in price as higher fuel costs flow through the nation's supply chains, but relief to petrol shortages is on the way.
Innovative fuel-saving ideas are being tossed up to tackle Australia's shortages as the Iran war throws global oil trade into chaos and prices soar.
Service station operators are reporting a rise in fuel theft and customer anger as the cost of fuel continues to climb.
Measures to help more diesel flow into the domestic market have been announced as hundreds of service stations across Australia run dry.
Australia has been reassured by a key trading partner its fuel supplies are not at risk as other nations look to limit exports to support domestic markets.
The war in the Middle East has forced six fuel shipments to Australia to be cancelled, but a minister insists any shortages are demand not supply driven.
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.
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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.