Australia to halve fuel tax in response to Middle East war

SYDNEY — Australia will halve a fuel tax to help motorists experiencing soaring petrol prices due to war in the Middle East, Prime Minister Anthony Albanese said Monday. Albanese announced the step after meeting with the leaders of Australia’s states and territories on Monday, agreeing a plan to tackle fuel shortages as the war in the Middle East continues. Australia charges a sales tax of 52 cents on each liter of petrol sold at the pump, which will be halved for three months. READ: Global economy under ‘major threat’ from Strait of Hormuz crisis The measure will cost the government […]... Keep on reading: Australia to halve fuel tax in response to Middle East war

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