Episode Details

Australias Prime Minister Anthony Albanese announces a three-month fuel excise cut, saving drivers twenty-six cents per liter. This is part of a four-stage plan to combat the fuel crisis, along with a zero heavy vehicle road user charge for three months. However, economists warn this may not ease the Reserve Banks inflation struggles. Meanwhile, global tensions threaten to disrupt Australias jet fuel supply, potentially causing price hikes. Albanese calls for de-escalation in the Middle East, as Trump considers seizing Irans oil fields, adding uncertainty to supply chains. The impact of this plan on Australias tanks and wallets remains to be seen.

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