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Nationals Leader Calls for Fuel Tax Cuts Amid Inflation

3/15/2026

Summary

Story summary

Matt Canavan, the new Nationals leader, argues Australia should cut fuel excise to help households amid rising inflation, which he blames on Labor's economic management.
Treasury forecasts inflation could reach 4.5% this year, worsened by the ongoing Middle East conflict.
Treasurer Jim Chalmers reassures that Australia has fuel stockpiles.
He says the government monitors to prevent price gouging.
Chalmers mentions upcoming budget reforms, including changes to the capital gains tax.

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Story summary

Matt Canavan, the new Nationals leader, argues Australia should cut fuel excise to help households amid rising inflation, which he blames on Labor's economic management.
Treasury forecasts inflation could reach 4.5% this year, worsened by the ongoing Middle East conflict.
Treasurer Jim Chalmers reassures that Australia has fuel stockpiles.
He says the government monitors to prevent price gouging.
Chalmers mentions upcoming budget reforms, including changes to the capital gains tax.