ıNarasikita14 September 2026 · 1 jam laluCutting the fuel excise again will only fuel inflation, warns Chris Richardson - The Business
As the government leaves the door open to reinstate the fuel excise cut, independent economist Chris Richardson says it would "not be the best use of our money", and will only add to inflation. But seven months on from the start of the Middle East war, with the Houthis making strategic gains in the Red Sea, the oil supply challenge appears to be getting more difficult by the day. The benchmark oil price is up 60 per cent since the war began. Brent crude is $US107 a barrel. Mr Richardson says Australians are going to have to get used to higher fuel costs. Adding to the potential pain at the
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