# Australian Petrol Prices Set to Exceed $2 a Litre as Fuel Tax Cut Ends

Australia's fuel excise relief is set to expire, with petrol prices expected to rise above $2 per litre. Energy Minister Chris Bowen has signaled the end of the temporary tax cut, adding financial pressure on households already facing high living costs.

**Importance:** 4/5

## Sources

### World
- [The Guardian World](https://www.theguardian.com/australia-news/2026/aug/01/petrol-prices-on-track-to-top-2-a-litre-as-bowen-sounds-death-knell-for-fuel-excise-relief) — Sat, 01 Aug 2026 02:22:49 GMT