Australians should expect the temporary fuel excise cut to expire at the end of June, according to federal transport minister Catherine King.
Speaking on ABC News Breakfast, King said the government was continuing discussions with industry groups, including trucking companies, about the impact of ongoing fuel price increases.
Her comments came amid renewed tensions in the Middle East surrounding the Strait of Hormuz, a key global shipping route.
King said the Australian government continued to support a diplomatic solution to the conflict.
“Obviously we know that we need diplomatic solutions to the conflict in the strait of Hormuz, and we want to urge all parties to continue to negotiate that,” she said.
King described the ceasefire as fragile and said recent developments appeared to reflect that uncertainty.
Government Monitoring Fuel Prices
The minister said the government was working to reduce the impact of the Middle East conflict on Australians but indicated the fuel excise cut was still expected to end as scheduled.
“Obviously we are doing everything we can to shield Australians from this conflict in the Middle East,” King said.
“But people should, at this stage, expect that it’s coming off at the end of June.”
The government continues to consult with affected industries as concerns remain over potential fuel price volatility linked to international events.