The federal opposition has gotten on the front foot in its early responses to the government’s budget handed down this week, announcing it will halve the current fuel excise on petrol and diesel if it wins this year’s election.
While there is more to come on Peter Dutton’s budget response this week, the opposition has promised to bring back previous Coalition fuel excise measures.
The cut would take the fuel excise for petrol and diesel from 50.8 cents a litre to 25.4 cents, with the $6 million measure lasting for a year.
Dutton says the excise cut is a cost-of-living measure to save families and operators, with a family filling up a vehicle once a week set to save around $14 each week on fuel.
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“Lowering costs to small businesses means lower costs for goods and services at the checkout,” Dutton says.
“The cost-of-living relief will make a real difference to families and small businesses – everyone from tradies, to mums and dads, to older Australians, and to transport delivery workers.”
Dutton says laws to introduce the excise cut would be introduced to parliament on the first sitting day after the election if the Coalition is elected to government.
He also says the fuel excise cut would save Australians more money than Labor’s tax cuts it announced in its budget.
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