The Latest Breaking News from Peter Khoury

ACCC warns outlets against passing on increased excise before running down supplies of half-taxed fuel

Canberra drives took to the bowsers ahead of the end of the fuel excise reduction.

Meanwhile, the ACT Greens have warned the government will need to bridge the gap between talking about active travel and investing in adequate infrastructure.

Australian petrol prices are on track to reach new record highs in the coming weeks as capital city bowsers soar above $2 per litre.

No move on regulated petrol price scrutiny in the ACT

Australia’s market watchdog will monitor service stations to ensure fuel excise cut is passed on to consumers in full

Motorists are being urged to delay filling up their tanks until the 22 cent per litre cut to fuel taxes flows through to bowsers across the country.

Petrol prices are so high in Sydney, Rebecca Matanale might have to leave her car parked because it's "too expensive to take anywhere". People in the outer regions of Sydney are feeling the bite of rising petrol prices the most, making them think twice about how they travel.

As flood-stricken residents start to count their losses, many are finding their cars are among the pricier of their possessions in need of replacing.