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The Economic Times

Top News / The Economic Times

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Australia to halve fuel tax in response to Middle East war

Australians will soon pay half the fuel tax for three months. Prime Minister Anthony Albanese announced this measure to ease pressure from high petrol prices. The government is also working to address fuel shortages. Measures include underwriting fuel shipments and reducing costs for trucks. Australians are urged to conserve fuel. Petrol prices have significantly increased.

30 Mar 2026 9:00 am