# Australia news live: Chalmers tells regulator to watch service stations ‘like a hawk’ as fuel excise cut ends

https://mins.news/en/item/12134

- The Guardian, 2026-08-02 21:20 UTC
- Politics
- Original: https://www.theguardian.com/australia-news/live/2026/aug/03/australia-news-live-fuel-excise-cut-jim-chalmers-cost-of-living-anthony-albanese-labor-angus-taylor-coalition-one-nation-pauline-hanson-ntwnfb

> Australia’s fuel excise reduction ended at midnight on Monday after being introduced when the Iran conflict broke out. Treasurer Jim Chalmers is urging the regulator to monitor service stations extremely closely as the measure expires. The live news coverage also reports that former broadcaster Alan Jones’s high-profile trial on indecent assault and sexual touching charges begins in Sydney today. Monday’s updates are being followed throughout the day.