Petrol price relief created by fuel excise changes will be removed across Australia | 7NEWS

Petrol price relief created by fuel excise changes will be removed across australia | 7news

7NEWS Australia published this video item, entitled “Petrol price relief created by fuel excise changes will be removed across Australia | 7NEWS” – below is their description.

Petrol price relief can not be extended beyond tonight, says the federal treasurer, but he’s asked the competition watchdog to monitor how quickly petrol companies increase prices once the fuel excise relief is removed.

“There are hundreds of millions of litres of petrol in tanks underground paid for under the existing excise regime, and the ACCC will be particularly attentive to the fact that a lot of that fuel was bought at cheaper price,” Treasurer Jim Chalmers.

More Details: https://7news.link/3LUTJCs

7NEWS Australia YouTube Channel

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About This Source - 7NEWS Australia

Seven News is the television news service of the Seven Network and, as of 2016, the highest-rating in Australia. The news service draws upon overseas channels for select international coverage. The network’s Director of News and Current Affairs is Craig McPherson.

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