Households brace as petrol prices skyrocket by up to 30 per cent

Prices of petrol and diesel are rising across Australia, putting even greater stress on household budgets.

Australian families are facing ever higher cost-of-living pressures, as fuel prices across the country jump by as much as 30 per cent in some areas.

Along with interest rates, groceries, energy bills, and new-car prices, petrol is now the latest line-item on household budgets to increase significantly in recent times.

While some fuel stations around Melbourne are holding steady at around $1.82 per litre for 91-octane unleaded, many have already jumped to $2.25/litre across the metropolitan area – a difference of almost 24 per cent.

Compared with the previous week, where prices were as low as $1.77/litre, the cost to fill-up a 50-litre tank on a Toyota Corolla has gone from $88.50 to $112.50.

For owners of the Holden Commodore – which remains one of the most popular vehicles registered in Australia – they will be handing over an additional $35 every time they fill up.

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