Government weighs fuel excise extension amid holiday fears | Sunrise

The Australian government is reconsidering its decision to end the fuel excise tax cut beyond the end of the month, following pressure from the tourism industry and concerns about petrol price increases ahead of July school holidays. Tourism bosses warn that a quarter of Australians would reconsider their holiday plans if petrol prices jump, while economists caution that extending the cut would cost billions and potentially worsen inflation. The debate highlights the tension between providing cost-of-living relief and managing broader economic pressures, with businesses, tradies, and families all facing significant financial strain from high fuel costs. Get the latest news » https://7news.com.au 7Plus » https://7plus.com.au/ More from Sunrise » https://sunrise.com.au Subscribe to Sunrise » https://7news.link/SunriseSubscribe Subscribe to the Sunrise newsletter » http://7sunrise.link/Newsletter Connect with Sunrise online: Facebook » https://www.facebook.com/Sunrise Instagram » https://www.instagram.com/sunriseon7/ TikTok » https://www.tiktok.com/@sunriseon7 X » https://x.com/sunriseon7 #SunriseOn7 #7NEWS