The price of unleaded petrol in Perth is again set to surge past $2 per litre with no respite in sight, with the Federal government’s fuel excise cut due to expire within days.
The current 16 cent per litre saving is set to be wiped back to zero from Sunday, pushing prices at the bowser up even further.
Labor politicians have been repeatedly asked if the excise cut could be continued since fighting flared back up in Iran.
Senior minister Penny Wong had said “the intention is for that to discontinue as of this weekend”, while leader Anthony Albanese remained coy on their final decision.
“We are conscious of the pressure that families are under and that is why we continue to put forward cost-of-living relief,” Mr Albanese said.
The government initially reduced the excise by 32 cents as the cost to fill up a tank skyrocketed, however, it only partially kept the relief when the initial round expired.
The average price of unleaded petrol in Perth on Wednesday will be $1.96/L with some servos charging as much as $2.09.
Diesel users will pay even more, with the average cost $2.26/L.
At the height of the conflict and pressure on worldwide oil supply, unleaded petrol in Perth topped $2.50/L.
The cost of diesel was even more exorbitant, pushing well beyond $3/L.
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