Will Petrol Prices Hit AU$2 A Litre Again? Why Are Aussie Petrol Prices Soaring?

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Will Petrol Prices Hit AU$2 A Litre Again? Why Are Aussie Petrol Prices Soaring?

A fuel price hike seems to have virtually nullified the excise cut offered by the government, pushing motorists into peril. Many states have observed a larger spike in fuel prices than others due to the varying underlying costs of procuring petrol. Taxi drivers have seen an unusually larger number of cancellations and fewer benefits from surcharge fees.

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