Episode
Gas Prices Rise as Tax Break Ends
- Published
- Jun 13, 2026
- Duration seconds
- 105
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Summary
Gas prices in Australia are set to climb sharply after a 32-cent-per-liter tax break expires June 30 — but don’t panic yet. The country’s sitting on record fuel stocks, with billions of liters on the way, cushioning the blow. While a potential Iran peace deal is stirring hope, real relief hinges on shipping lanes reopening — and that’s still uncertain. Expect at least 32 cents more per liter once the tax relief vanishes, as global oil prices remain volatile amid Middle East tensions. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/a1c3dd63b73952d5