Federal government faces calls from within to cut fuel excise as petrol prices soar during Ukraine war
2 years, 9 months ago

Federal government faces calls from within to cut fuel excise as petrol prices soar during Ukraine war

ABC  

The federal government is facing calls from within its own ranks to consider temporarily reducing the fuel excise to save motorists at the bowser. Key points: The fuel excise is more than 44 cents per litre and pays for road infrastructure Queensland Liberal National senator Susan McDonald says pausing the fuel excise should be looked at Victorian Nationals MP Anne Webster supports the idea of an excise reduction "to ease the burden for residents" Russia's invasion of Ukraine has been blamed for a spike in petrol prices from $1.70 to well over $2 a litre. Queensland Liberal National senator Susan McDonald said the government has to do something, and the fuel excise is the "bluntest instrument" available. "The road network is very important to my constituents, and that fuel excise goes towards the maintenance and construction of country roads," he said. Mr Mahon said while heavy vehicles do not technically pay the fuel excise — instead paying a lesser "road user charge" of 26.4 cents per litre — reducing the excise may not be a good idea.

History of this topic

Federal government is under pressure to cut fuel excise. But will it make any difference at the petrol pump?
2 years, 9 months ago
Treasurer Josh Frydenberg urged to cut fuel excise in budget amid soaring petrol prices
2 years, 9 months ago

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