Motorists are battling the bowser, with the annual cost of filling the tank shooting up by an average of $140 and in response to a caller's question, South Australia's Conservative Party Senate candidate Rikki Lambert predicts there's more grief to come at the bowser.
Many parts of Australia continue to edge towards record fuel price according to Fuel Watch, with drivers being slugged 24¢ a litre more than this time last year.
WA's Fuel Watch assistant manager Ben Derecki said prices would likely remain high in the short term but there could be good news ahead after a drop in the Singapore benchmark, which dictates Australian petrol prices.
“The Singapore benchmark for unleaded petrol has dropped slightly over the last day or two, but up until a week ago the price had been increasing. As benchmark price changes usually take a week or two to flow through to the market it’s likely higher prices will be around for a little longer yet,” he said.
Data from motoring organisations show households typically spend about 14 per cent of their income on transport alone and for every litre of fuel, about 41¢ is collected by the Federal Government in fuel tax, costing the average Australian $600 a year.
Mr Lambert has told Adelaide radio station FIVEaa's Andrew Reimer it's because of this tax that motorists are really feeling the pain.
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