Aussies give their verdict on fuel excise cut

Cut to fuel excise sees prices drop marginally in Geraldton

Geraldton has seen a drop in fuel prices, but the future is still uncertain as war in the Middle East continues to impact fuel supply and affordability close to home.

Aussies give their verdict on fuel excise cut

A whopping majority of Australians back the federal government's temporary cut to the fuel excise on petrol and diesel, new research has found.In response to ballooning prices triggered by the Iran war, the rate of excise on petrol and diesel was slashed from 52.6 cents per litre to 26.3 cents for a period of three months from last Wednesday.A Roy Morgan survey of 2514 people aged over 18 held in the lead-up to the government's announcement fou…

The hidden cost of halving the fuel excise, and who’s left to pay

The Prime Minister announced 26 cents off a litre and called it relief. But an accountant who works with Australia’s transport industry every day, explains the other side of the ledger. The post The hidden cost of halving the fuel excise, and who’s left to pay appeared first on SmartCompany.

Excise cut offers no net benefits to heavy vehicle operators, says ALRTA

The ALRTA said the real challenge facing operators is not just the cost of fuel, but the cash required to access it. Image: serge/stock.adobe.com While acknowledged as a constructive and helpful step in response to rising diesel costs, the latest cut to fuel excise delivers no net benefit to operators, said the Australian Livestock and Rural Transporters Association (ALRTA). In a statement reacting to the news that there would be a further 5.7 c…

Fuel excise halved and free PT, governments respond to fuel crisis

The fuel excise will be halved for three months and public transport will be free in Victoria over April, as state and federal governments make attempts to relieve the pressure of soaring fuel prices. On Monday 30 March, Prime Minister Albanese announced that the fuel… Read more The post Fuel excise halved and free PT, governments respond to fuel crisis appeared first on Star Community.