Government slashes fuel excise, heavy vehicles charge for 3 months at cost of $2.55 billion

The Albanese government will halve the excise on petrol and diesel and reduce the heavy vehicle road user charge to zero, both for three months, at a budget cost of $2. Halving the fuel excise will cut the cost of fuel for motorists by 26. That will reduce the cost of a 65 litre tank of fuel by nearly $19. The heavy vehicle charge is currently 32. The relief will help the trucking industry. The cuts will start on Wednesday. The government will also