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Full fuel excise is back but prices should lag, says ACCC

PETROL STATION STOCK

A man pumps petrol at a service station in Melbourne, Monday, Aug. 27, 2012. (AAP Image/Julian Smith) NO ARCHIVING Source: AAP / JULIAN SMITH/AAPIMAGE

Drivers should brace for a petrol price hike in coming days, with the return of the full fuel excise tax but the competition regulator warns it will act against any retailers found to be overcharging.



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