Perth motorists are set for a rare reprieve at the bowser this Thursday as petrol prices across the metropolitan area begin a steady downward trend.
After a period of punishing costs fuelled by ongoing conflict in the Middle East, the average price for regular unleaded petrol will drop to 207.2 cents per litre on Thursday, down from Wednesday’s average of 213.9 cents.
While the city’s average is moving in the right direction, the price gap across Perth remains vast, with the cheapest available fuel sitting at 184.9 cents and the most expensive sites expected to peak at a staggering 250 cents.
Vibe service stations are leading the charge for affordability, standing out as the only provider in the metropolitan region to offer an average price under the $2 mark at 196.4 cents.
In a sign of the current economic climate, a price point that was once considered an eye-watering benchmark is now being welcomed as significant relief for local families.
Other major providers are trailing slightly higher, with Reddy Express averaging 204.1 cents and Ampol following closely at 204.9 cents.
Motorists filling up at BP can expect to pay an average of 210.4 cents, while Caltex remains at the higher end of the market with an average of 221.8 cents.
Where to find the cheapest petrol in Perth on Wednesday:
- Burk Oakford in the South, at 185.3c per litre
- Burk Cannington in the East, at 185.3c per litre
- Burk Landsdale in the North, at 191.3c per litre
Where to find the cheapest petrol in Perth on Thursday:
- Vibe Oakford in the South at 184.9c per litre
- Burk Cannington in the East at 185.3c per litre
- Vibe Morley in the North at 190.7c per litre
The downward trend extends to the diesel market, though prices for the fuel remain historically high.
The average price for diesel on Thursday is expected to hit 301.7 cents, a modest but welcome decrease from Wednesday’s average of 307.1 cents.
This softening of prices comes in the wake of significant government intervention earlier this month, when the Federal Government slashed the fuel excise in half to 26.3 cents a litre.
When combined with the decision by States and Territories to forgo a further 5.7 cents in GST, the total package was touted to save motorists roughly 32 cents per litre.
While the combined tax cuts have successfully blunted the immediate impact of global supply shocks, many economists have expressed concern that this relief will be short-lived.
With international markets remaining volatile and the excise cut designed as a temporary measure, Perth drivers are being encouraged to take advantage of Thursday’s cheaper averages while they last.
