Murray Olds: Australian correspondent on the Australian Government cutting the fuel excise tax

As the conflict in the Middle East continues, the Australian Government has moved to decrease their fuel excise tax.

Australian Prime Minister Anthony Albanese announced the halving of excise for three months - equivalent to a 26 cent reduction per litre of fuel. 

Australian correspondent Murray Olds says this cut will benefit Australian households who are already being stretched thin - but it's sparked concerns about inflation.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.