Legislation is being introduced to halve the fuel excise for three months, a move that will reportedly cost the Australian federal budget $2.55 billion. The key question remains: will drivers see the full discount passed on at the pump?

Press PLAY to hear Scott Phillips explain what consumers need to know

Scott Phillips, The Motley Fool’s chief investment officer, explained to 6PR Mornings host Russel Collett what consumers need to be aware of.

“It’s a really difficult one here, it’s only going to come down frankly to public pressure and honestly places like you guys at 6PR calling out these guys that are doing the wrong thing here and using a bit of that good old social pressure to actually make sure fuel stations pass on the right discount,” he said.

Hear more highlights below and download the 6PR app on iOS or Android to ensure you don’t miss a thing!

Image: iStock