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LATEST FUEL PRICES

The Australian Automobile Association, in partnership with FuelTrac Pty Ltd, provides a fuel price report every month.

Using this report you can compare the price at the pump for unleaded, premium unleaded, diesel and LPG fuels across all capital cities in Australia, for the last 13 months.

WHAT IS IN A LITRE OF PETROL?

There are a host of factors that make up the price of fuel at the bowser. In June 2022, the cost of the actual refined petrol product made up around 67.1 per cent of the average pump price.

Another 20.9 per cent of the price was made up of taxes. This includes the Federal Government’s fuel excise, which imposes a tax of 46.0 cents per litre (indexed August 2022) and 10 per cent GST. On 30 March 2022 the Federal Government temporarily halved the fuel excise rate (23.0 cents per litre) until 28 September 2022.

In June 2022, wholesale and retail costs made up the remaining 12.0 per cent (Source: ACCC).