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Government to track and freeze petrol prices each day under new cost-of-living fuel plan

Retailers will be forced to report their petrol prices in advance and will not be allowed to change them under a new government scheme to tackle cost-of-living.
The Australian government has introduced a new initiative aimed at alleviating the cost of living pressures by implementing a daily tracking and freezing of petrol prices. Under this plan, fuel prices will be monitored daily to ensure transparency and fairness in pricing across different regions. This measure is part of a broader strategy to help consumers by providing them with real-time information on where to find the cheapest fuel, thereby encouraging competition among fuel providers. The government's move is in response to the ongoing economic challenges faced by many Australians due to rising fuel costs, aiming to make fuel pricing more predictable and manageable for everyday consumers.

Read the Full MSN Article at:
[ https://www.msn.com/en-au/politics/government/government-to-track-and-freeze-petrol-prices-each-day-under-new-cost-of-living-fuel-plan/ar-AA1xuvzu ]