Fuel prices in regional Australia could remain lower than urban prices for the next several weeks despite the reinstatement of the full fuel excise tax.
The fuel tax reduction, which the previous Morrison government introduced in March to relieve living cost pressures, will expire on Sept. 28, as confirmed by Treasurer Jim Chalmers.
The reinstatement of the tax is expected to push up petrol prices across the country.
However, as petrol stations in urban areas have a higher turnover than their regional counterparts, they are likely to purchase more expensive fuel sooner, resulting in a significant price disparity in different parts of Australia….