
Fuel prices are starting to climb in the Mid West since the original three-month fuel excise relief ended at the beginning of July.
Earlier in the year, fuel in the Mid West reached record-high prices as a result of the war with Iran.
In March, Prime Minister Anthony Albanese announced the fuel excise duty rate would be cut in half for three months to bring petrol prices down, saving motorists 32¢/litre.
This was successful, with fuel prices dropping significantly in the Mid West.
At the end of June, Mr Albanese announced that a reduced version of the fuel excise relief, reducing the cost of fuel by 16¢/litre would be extended until August.
On June 30 the average price of ULP in Geraldton was $1.60/litre, and the average diesel price was $1.75/litre.
On Monday, less than a week after the fuel excise relief was reduced, prices had jumped by more than 10¢.
The average ULP price was $1.71/litre, 11¢ more than a week ago, and the average diesel price was $1.84/litre, a jump of 9¢.
Geraldton was battling high prices before the fuel excise cut, with the average price of fuel at the start of April sitting at $2.39/litre. Diesel prices in town were even higher, with an average of $3.11/litre.
Earlier in the year, the Mid West saw record-high prices, with ULP costs as high as $2.48/litre, and diesel prices reaching $3.37/litre.
This caused particular issues for farmers, who were experiencing diesel shortages at the beginning of the seeding season.
Prices dropped more than 50¢ a litre in a month after the fuel excise relief was put in place.
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