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← Newsroom/From the OEMsPolicy & safety

Fuel prices to rise when excise cut ends within days

Compiled by ADME Newsroom from 2 sources

First reported by 7NEWS · 29 July at 4:02 pm

Who's covering this — 2 articles

Broadcast news
1
Motoring press
1
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Image: 7NEWS

The quick read

Full coverage

7NEWS·Broadcast news·29 July at 4:02 pm

Fuel prices to rise when excise cut ends within days

Aussie motorists will soon pay more for petrol and diesel, with the federal government confirming its fuel excise discount will end this weekend.

Read at 7NEWS →
CarExpert·Motoring press·29 July at 2:59 pm

Fuel prices to rise when excise cut ends within days

Aussie motorists will soon pay more for petrol and diesel, with the federal government confirming its fuel excise discount will end this weekend.

Read at CarExpert →

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The quick read

  • Aussie motorists will soon pay more for petrol and diesel
  • The federal government's fuel excise discount will end this weekend
  • This change will affect the cost of owning and running a vehicle
  • Motorists may adjust their vehicle purchasing decisions in response to the price increase

For dealers: Australian dealers should prepare for potential changes in customer behaviour and purchasing decisions as fuel prices rise

AI-assisted summary of the coverage below — check the original reporting before relying on specifics.

ADME commentary

The ADME angle

The end of the fuel excise discount will make running a vehicle more expensive, which could lead to increased interest in fuel-efficient models

What it means for stock and ordering

Dealers who have stocked up on fuel-efficient vehicles, such as hybrid or electric models, may see an increase in demand as motorists look to reduce their fuel costs

The price increase may also lead to a decrease in demand for larger, less fuel-efficient vehicles, which could impact dealer inventory and pricing strategies

Impact on pricing and margin

Dealers may need to adjust their pricing strategies to remain competitive, potentially offering discounts or incentives on fuel-efficient models to attract price-sensitive customers

The increase in fuel prices could also lead to a decrease in profit margins for dealers, as customers become more budget-conscious and look for ways to reduce their vehicle ownership costs

Responding to changing customer needs

Dealers can take advantage of the changing market conditions by highlighting the fuel efficiency of their vehicles and offering competitive pricing and financing options

One decisive action a dealer could take this week is to review their inventory and pricing strategies to ensure they are well-positioned to meet the changing needs of their customers

Go deeper — ADME analysis

  • NVES and the FBT change: the two policies quietly reshaping what Australia buys →