finance

Australians cancel Easter road trips as fuel crisis drives prices higher

Soaring fuel prices and local shortages after disruptions to Middle East shipping have led many Australians to cancel their four-day weekend travel, prompting a government fuel tax cut.

Apr 3rd 2026 · Australia

Insights

  • Millions who normally travel over the long weekend have scrapped plans because petrol and diesel costs have risen sharply
  • Australia imports about 90% of its fuel and has seen localised shortages after disruptions to Middle East shipping
  • Diesel exceeded A$3 per litre and petrol topped A$2.50 before the government cut fuel taxes to ease prices
  • Expected Easter travel spending of A$11.1 billion was at risk as many journeys were cancelled
  • Travel cancellations and price pain are linked to the Iran war and a blockade of the Strait of Hormuz