Name: Australia to halve fuel tax as global energy crisis deepens
Uploaded: 2026-04-01T09:35:37.709Z
Duration: 2 min 21 s
Description: A fuel tax break takes effect in Australia, as more countries announce measures to ease the pressure of rising global fuel costs.

A fuel tax break takes effect in Australia, as more countries announce measures to ease the pressure of rising global fuel costs.

Canberra

Australia has announced it will halve its fuel excise for three months, reducing petrol and diesel prices by over 18 cents per litre. This decision follows mounting public pressure and concerns from the trucking industry, which handles 80% of the country's freight, about the impact of rising fuel costs on supply chains and food security.

The government is also working with international partners to secure fuel shipments after several deliveries from Asia were cancelled or delayed. A new agreement with Singapore aims to ensure the continued flow of critical supplies, as Australia seeks to avoid fuel rationing and maintain essential transport services.

Australia to halve fuel tax as global energy crisis deepens

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Breakdown