Federal Budget 2024: Australia has made its future, but leaves small...
Treasurer Jim Chalmers presented his third Federal Budget on 14 May. The small businesses temporary instant asset...
READ MOREConsumer watchdog will crack down on petrol price gouging when tax cut ends, Labor says
The federal treasurer, Jim Chalmers, has asked the competition watchdog to crack down hard on any price gouging when the petrol excise cut expires at the end of September.
The letter to the Australian Competition and Consumer Commission, released on Monday, confirms the government’s intention to reintroduce “the full excise” on 29 September. It was halved for six months in the March budget.
The government has also revealed that 4.7 million Australians will see an increase in support payments from 20 September due to regular indexation. Payments including the pension and jobseeker will rise by 4% in line with the consumer price index in the six months to June.
Read more at The Guardian
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