politics Canberra, Australia
Coalition proposes fuel-excise cuts when oil prices rise
15AUD
The Coalition said the policy would reduce the average tank of petrol by about AUD15.
Australia’s opposition Coalition announced a policy to halve fuel excise when Brent crude averages more than US$100 a barrel for two weeks. The government criticised the proposal as uncapped and unfunded.
1 sourceabc.net.auUpdated
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The Coalition announced Fuel Price Shield, which would halve fuel excise when Brent crude averages more than US$100 a barrel for two weeks.
“the Coalition said it would halve the fuel excise when the global price of Brent crude oil averages $US100 a barrel over two weeks”
- 15AUD
AllegedThe Coalition said the policy would reduce the average tank of petrol by about AUD15.
“the measure would slash about $15 off the average tank of petrol”
- 27cents per litre
AllegedThe proposed petrol-price reduction is 27 cents per litre.
“We want to see $15 off a tank of petrol, 27 cents a litre”