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The Guardian1d ago

Australia news live: petrol prices push above $2 a litre as excise discount ends; NSW Icac hearings resume

The brief

Petrol prices in Australia have surged above $2 a litre following the end of an excise discount. The discount, which was introduced to help motorists cope with high fuel costs, has expired. As a result, petrol prices have increased, affecting consumers nationwide. Meanwhile, in New South Wales, the state government has agreed to a deal with tollway operator Transurban, which will see taxpayers foot a $143m bill for one-off tollway cuts. The deal is expected to benefit Transurban, with the company set to repay the state $600m earlier than agreed. The NSW Icac is also continuing its investigation into allegations of corruption and misconduct, including Operation Rosny, which is examining the activities of a lobbying group and its links to a fugitive property developer.

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