From the 1st of April, fuel excise was cut by 26.3 cent per litre to help the Australia public cope with extreme petrol/diesel prices. This cut initially will be for 3 months. Fuel price where I live on the 31st of March.
Fuel price today, 4th April
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You either have a well regulated energy sector or incredibly honest oil companies. When the UK government cut 5p from fuel duty in 2022 in response to the Ukraine war, consumer prices barely shifted suggesting that corporations pocketed the lot 🤷♀
@Justme264 They lifted the two child cap on Universal Credit, which brought an estimated 500,000 children out of the official measure of poverty. That is how you target financial aid to the poorest section of society, not by chucking taxpayers' money at international corporations.
