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Story summary
- Treasury Minister Jim Chalmers announced that Australia’s fuel excise discount ends on August 2, 2026.
- The 50 percent cut was reduced to a 16-cent per litre discount in July.
- The $3.3 billion relief package, with a heavy-vehicle road-user charge discount, also expires on Monday.
- Treasury warned that weak global reserves and the Middle-East conflict could keep oil prices high.
- Unleaded petrol averaged 182.0 cents per litre and diesel 227.2 cents per litre for the week ending July 26, 2026.
