Monday 23 May 2022 11:58 PM Petrol price in Australia hits 199.1 cents a litre as fuel duty cut fails to ... trends now

Monday 23 May 2022 11:58 PM Petrol price in Australia hits 199.1 cents a litre as fuel duty cut fails to ... trends now
Monday 23 May 2022 11:58 PM Petrol price in Australia hits 199.1 cents a litre as fuel duty cut fails to ... trends now

Monday 23 May 2022 11:58 PM Petrol price in Australia hits 199.1 cents a litre as fuel duty cut fails to ... trends now

Drivers are hit by ANOTHER spike in petrol prices as average nears $2 a litre - despite the government spending millions cutting fuel duty Petrol prices have risen for the fifth consecutive week despite a cut in fuel duty Cost of average petrol jumped by 14.1 cents on Sunday to 199.1 cents a litre This is despite the government cutting the tax on fuel to help drivers save cash  

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Signs that petrol prices are heading back to the record highs seen in March are likely to weigh on the mood of Australians after the outgoing coalition government's much-touted fuel excise cut provided only limited support.

The Australian Institute of Petroleum in its weekly report said the national average price for petrol as of Sunday jumped by a further 14.1 cents to 199.1 cents a litre, the fifth consecutive weekly rise.

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