Select Page

Government Halves Fuel Excise for Three Months

The Prime Minister of Australia confirmed the fuel excise on petrol and diesel will be reduced by 50 per cent from April 1 to June 30 following a National Cabinet meeting, lowering fuel costs by 26.3 cents per litre.

Household Spending Down 0.4% in December

The Australian Bureau of Statistics reported on 9 February 2026 that household spending in Australia fell by 0.4 per cent in December 2025 compared to November, following strong increases in earlier months. 

Living Costs Surge for All Households in December Quarter

Annual living costs rose for every household type in the December 2025 quarter, with age pensioner households hit hardest (+4.2%) due to rising electricity and housing costs, while employee households saw the smallest increase (+2.3%) as mortgage interest charges fell...