Posts tagged "fuel excise cut"

Due to attacks by misinformed politicians and consumer advocates, service station owners are often viewed as evil capitalists who are becoming wealthy on the back of poor motorists. 

The fuel excise was halved for the past six months, but that ended at midnight. So what can you expect local petrol prices to do now?

At a cost of about $3 billion, cutting 22 cents in tax from every litre of petrol for six months will disproportionately help wealthy households.