Australian households under pressure as cost of car travel rises at triple the rate of inflation

Drivers in capital cities faced increases of 12.4% in 2023 while the average driver in regional areas was hit with a 13.7% rise

Australian households are under increasing budget pressure when it comes to car travel as transport costs balloon to three times the inflation rate.

The typical household’s transport costs rose by about 13% in 2023, outpacing the inflation rate of 4.1%.