School holiday petrol price hike

Drivers are being warned petrol prices are set to rise, in time for the school holidays.

7 News reporter Samantha Brett said: “It is certainly going to be painful for drivers at the pump these school holidays”.

“The average Sydney petrol price for unleaded reached a dollar sixty-two point two. That is the highest of all capital cities to date…we can expect more of the same for the school break with the wholesale petrol price currently at a four year high,” Ms Brett said.

Commsec Senior Economist Ryan Felsman said: “As we approach the school holidays in NSW next week, we can expect prices to remain elevated”.

“Petrol prices are lifting at the moment and that’s putting pressure on household budgets,” Mr Felsman said.

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