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Australia news live: Petrol prices drop nearly 32 cents in a week after fuel tax cuts; BoM says Cyclone Maila may approach Queensland | Australia news

Australia news live: Petrol prices drop nearly 32 cents in a week after fuel tax cuts; BoM says Cyclone Maila may approach Queensland | Australia news

Petrol prices fall nearly 32 cents in a week

Luca Ittimani

Petrol prices have now fallen at least 31 cents in every capital city over the last week, as retailers rush to pass on state and federal governments’ 32-cent fuel tax cut.

After a month where petrol prices rose nearly 100 cents in some cities, the federal government decided to cut tax by 26.3 cents last Monday. The states agreed to give up an extra 5.7 cents’ worth on Thursday by foregoing some GST revenue on fuel.

That 32 cents has now been fully passed on to motorists in Australia’s cities, with service stations trimming the 5.7 cents off their retail prices, as shown by today’s average unleaded petrol prices on Motormouth:

  • Sydney is at 226.3 cents, down 31.6 cents from last Monday;

  • Melbourne at 225.8 cents, down 33.6 cents;

  • Brisbane at 226.8 cents, down 32.4;

  • Perth at 222.9 cents, down 32.9;

  • Adelaide at 224.1 cents, down 35.4;

  • Hobart is at 226.1 cents, down 31.7;

  • Canberra at 223.9 cents, down 34.9;

  • Darwin at 229.5 cents, down 34.7.

You can read about where that extra 5.7 cent discount came from here:

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Key events

Artemis II astronauts approaching far side of the moon

Deborah Cole

Deborah Cole

Astronauts on the historic Artemis II mission are expected to reach the far side of the moon later on Monday, venturing deeper into space than any humans before.

Nasa has reported satisfaction with progress toward the lunar fly-round since the team’s launch on Wednesday, with the three Americans and one Canadian on course to break the record for maximum range from Earth just as a total solar eclipse awaits.

This picture by an Artemis II crew member, provided by Nasa, shows a sliver of the Earth illuminated by the blackness of space. Photograph: NASA/AFP/Getty Images

“The Earth is quite small, and the moon is definitely getting bigger,” the pilot Victor Glover reported after Artemis fired a key thruster to exit Earth’s orbit.

The crew are the first astronauts bound for the moon in more than half a century, picking up where the Apollo programme left off in 1972.

Read more here:

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