Australia Slash Fuel Excise, PM Warns Economic Heat

0:00It's April 1st. Welcome to Adelaide News Today, powered by AI. I'm Cory with the story. Australians are filling up cheaper right now as the government slashes the fuel excise in half, dropping 26 cents per liter off petrol prices. At Pumps Nationwide, the Prime Minister jumped on TV for his first national address in six years, straight up warning folks to brace for ongoing economic heat from, skyrocketing fuel costs. This move hits amid the wildest fuel price surge ever, pinned on the war in the Middle East, shaking global supplies. They've also wiped the heavy vehicle road user charge to zero for the next three months, easing pain for truckers and big rigs hauling goods. Households, farmers, small businesses, and families are all filling the squeeze at servos and supermarkets, with the PM nodding to that real struggle. And how it's tough to stay up B. National Cabinet locked in a fuel security plan this week, ramping up local production, locking down imports to be a global ties, and putting essentials, like AG, mining, and

1:03health first to keep supply steady. PM urged hopping on trains, buses, or trams to dial back demand and save fuel for those who got a drive, rallying everyone to pull together. Australian style through these rough months ahead.