We'll be facing higher prices for fuel, hospitality and hairdressers from tonight.
The lower 9 per cent VAT rate comes to an end, increasing to 13.5 per cent from midnight.
Excise duty on fuel also increases, meaning petrol will cost an extra 7 cent per litre, and diesel 5 cent more.
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There are calls on Finance Minister Michael McGrath to reconsider the excise increases by various organisations throughout the country.
Economist Jim Power says budget measures to help with the cost-of-living will be targetted at those worse off.
