Households might get relief on fuel they would have bought anyway, but cheaper petrol could encourage them to use more.
Articles on Fuel excise
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Starting yesterday, Australians are now paying 16 cents more for each litre of petrol they buy.
The latest figures show petrol prices are down – but nearly everything else is still rising.
A more radical reform package would include a road user charge.
The changes announced by the prime minister won’t help with supply and are poorly targeted.
Halving the fuel excise will cut the cost of fuel for motorists by 26.3 cents a litre.
Several options are available for meaningful tax reform, that would make Australia a fairer place for all generations. All it will take is some political courage.
The amount households could expect to save varies significantly according to where they are located – and how often they drive.
Opposition leader Peter Dutton will promise in his Thursday budget reply that a Coalition government would immediately halve the fuel excise on petrol and diesel.
Australia is ready for a rational and transparent discussion about road-user charging on all vehicles, not just electric ones.
Support for road-user charging strengthens when people are assured that revenue goes into reducing traffic congestion, maintaining transport infrastructure, improving public transport.
With global oil prices falling, the end of the fuel excise discount will put Australian motorists back in familiar price territory.
If the fuel excise cut is not extended, average petrol prices in Australia will almost certainly return to the above $2 territory by early October. But a different solution is needed.
Josh Frydenberg says halving the fuel excise will save a family with two cars $700. Our calculations show for most households it will be less.
It is deeply regretful that the budget and forward estimates don’t specifically recognise the ongoing scale and the fiscal impact of climate disasters.
Our fuel tax is only a rough approximation of the cost of using roads and it will get worse.
The government has held out the promise of a cut in petrol tax, and New Zealand has delivered one. There are better ways to help.
Proposals to cut Australia’s fuel excise will prolong an already alarming dependence on oil-based imports and undermine policies to shift the nation away from fossil fuels.
The benefits of road-user charging are now well established. And including electric vehicles doesn’t have to be a deterrent to their uptake, as New Zealand and other nations have shown.
Sure, the owners of electric cars don’t pay properly to use the roads, but it’s even worse for the owners of conventionally-powered vehicles.
Top contributors
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Professorial Fellow, University of Canberra
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Honorary Fellow, The University of Queensland
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Professor of Transport Technology and Sustainability, Swinburne University of Technology
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Associate Professor, Faculty of Business, Government and Law, University of Canberra
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Professor, Department of Economics, The University of Melbourne
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Senior lecturer, Canberra School of Government, University of Canberra
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Transport and Cities Program Director, Grattan Institute
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Professor, Crawford School of Public Policy, Australian National University
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Professor in Supply Chain and Freight Innovation, Swinburne University of Technology
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Senior Fellow in Energy and Climate Change, Grattan Institute
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PhD Candidate, Centre for Sustainable Infrastructure and Digital Construction, Swinburne University of Technology
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Professor, School of Economics, The University of Queensland
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Honorary Principal Fellow, University of Wollongong
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Adjunct Professor, Curtin Law School and Curtin Business School, Curtin University
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Program Director, Energy and Climate Change, Grattan Institute