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What Labor’s changes mean for the price of your petrol

Mar 31, 2026
Josh Butler, Canberra political reporter and chief-of-staff, breaks down the government's surprise fuel excise cut. He explains how savings may (or may not) reach bowser prices, the diesel supply picture, risks of panic buying, the politics behind the decision, and the national plan and possible restrictions if the crisis escalates.
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INSIGHT

Excise Cut Won't Appear At Bowsers Immediately

  • The excise cut reduces petrol and diesel by 26.3 cents per litre but won't instantly appear at all bowseres across Australia.
  • Josh Butler explains metropolitan high-turnover sites may update in days while regional or remote stations could take one to two weeks to reflect the cut.
INSIGHT

Cheaper Fuel May Drive Higher Demand

  • Cutting the excise risks stimulating demand, potentially undermining the government's claim that the issue is supply neutral.
  • Butler and economists cited expect lower price to raise consumption, possibly offsetting some benefits of the 26c cut.
ADVICE

Plan Fueling Ahead Of Easter Travel

  • If you're planning an Easter trip, the government advises continue with plans and fill up strategically before you leave.
  • Josh Butler suggests filling a full tank at home and planning where to refuel to avoid regional shortages.
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