KalkineWould the Coalition Really Slash Fuel Excise When Oil Prices Spike?
Highlights The Coalition's Fuel Price Shield would sharply cut fuel excise. It would kick in when global oil prices climb to a high trigger level. Critics call the plan unfunded, and it is an election commitment, not law. The federal Coalition has promised to sharply cut fuel excise automatically whenever global oil prices spike, under a plan it calls the "Fuel Price Shield". The cut, worth about a meaningful amount a litre, would switch on when Brent crude averages a high oil price over a co...
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