Treasury Laws Amendment (Fuel Excise Relief) Bill 2026; Third Reading

Summary

The government is temporarily lowering the tax on petrol, diesel, and other petroleum-based fuels by amending the Excise Tariff Act and the Customs Tariff Act. This reduces both the excise duty (a tax added at the point of production) and the customs duty (a tax on imported fuel) that currently apply to these products. The change is a direct response to recent sharp increases in fuel prices caused by the Middle East conflict, giving Australian households and businesses some relief at the petrol pump and on their fuel bills by cutting the government's own tax component on these essential commodities.

What happens at this stage

The final vote in this chamber on the bill as a whole, after all amendments have been considered. If it passes, the bill moves to the other chamber to go through the same process. If both chambers have already agreed to identical text, the bill proceeds directly to Royal Assent.

Next: The other chamber, which runs the same process from First Reading, or Royal Assent if both chambers have already agreed