Drivers, get ready — that 16-cent fuel tax cut ending this Sunday at midnight means gas prices are about to climb again. Introduced to ease the cost-of-living squeeze amid global supply shocks like the Middle East conflict, the discount was originally 32 cents but halved in July. Treasurer Jim Chalmers confirmed it was never meant to be permanent. With the tax returning to its full rate, expect pump prices to rise from their current $1.82 per liter. The ACCC is on alert to prevent price gouging. This move underscores how global events ripple through everyday costs — and how many Aussies are already adjusting their habits to cope.
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