Petrol and diesel prices fall across Australia as Labor’s fuel excise cut takes effect

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Adelaide has the biggest price decline, with unleaded down 24.9 cents and diesel down 21.3 cents

Fuel prices have started falling immediately across Australia in the wake of the government’s fuel excise cut, unexpectedly accelerating the delivery of the Albanese government’s cost-of-living relief.

Prices in capital cities paused then plummeted on Wednesday, after the prime minister announced the tax on petrol and diesel would be halved to 26.3 cents a litre.

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