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Australian state and territory leaders have agreed to fund a further 5.7 cents per liter fuel excise cut, bringing the total reduction to about 32 cents per liter until June 30.

Agreement on Fuel Excise Cut and Context

Australia's state and territory leaders have agreed to fund an additional 5.7 cents per liter cut to the fuel excise. This agreement brings the total reduction to approximately 32 cents per liter, effective until June 30. Prime Minister Anthony Albanese announced the deal at the National Press Club, where he also delivered his strongest criticism yet of the Middle East war. Opposition leader Angus Taylor provided his response to the Prime Minister's national address.

Easter Holiday and Cost of Living Pressures

Many Australians have been preparing for their Easter break, but rising costs have left some feeling uneasy about travel plans. It remains to be seen if the fuel excise cut will significantly alleviate travel expenses. This additional cut to the fuel excise is expected to offer temporary relief to Australian households facing cost of living pressures.

*Source: YouTube: ABC Australia (2026-04-02)*

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