Australia’s market watchdog will monitor service stations to ensure fuel excise cut is passed on to consumers in full
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Australian motorists may have to wait weeks for the Morrison government’s halving of the fuel excise to be passed on, with one motoring group warning that retailers could use falling global oil prices as a cover to fatten their profit margins.
From midnight Wednesday, the government cut the fuel excise by 22.1 cents a litre for six months at a net cost to the budget of $3bn.
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Continue reading...source https://www.theguardian.com/australia-news/2022/apr/01/motorists-may-wait-weeks-for-lower-petrol-prices-as-retailers-use-up-old-stock
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