Skip to content

Federal Budget: Reduce fuel excise for 6 months

As part of Australia’s plan for a stronger future, the Government will reduce fuel excise by 50 per cent for 6 months and applies from 30 March until 28 September 2022. This will see excise on petrol and diesel cut from 44.2 cents per litre to 22.1 cents per litre.

Fuel subject to a lower excise rate is expected to flow through to the majority of service stations and Australian consumers within a few weeks as stations replenish their stocks.

Confucius Say, Sharing is Caring