ANZ leads us off. It argues that the damage to consumption from fuel price hikes is material.
According to the most recent ABS data available (2019–20), families consume about 77% of automobile gasoline and 29% of automotive diesel, which combined account for about 53% of Australia’s total automotive petroleum use (by volume).
In 2025, Australian homes consumed about 12,200 megalitres (ML) of gasoline and 5,200 ML of diesel, assuming that these shares have stayed mostly constant since 2020.
