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World News • 2026-05-04 00:34

Australian Treasurer Jim Chalmers rules out extending fuel excise cut, downplays tax‑relief hopes

In a pre‑budget interview, Treasurer Jim Chalmers said there is little room for additional cost‑of‑living support, rejected extending the 26‑cent fuel excise reduction, and framed the upcoming budget as aimed at curbing inflation.

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