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Easing Australia's gas energy indigestion
Properly applying a special tax which already targets Australia’s gas producers would give the federal government more scope to cushion consumers from soaring energy prices, writes Peter Martin.
Properly applying a special tax which already targets Australia’s gas producers would give the federal government more scope to cushion consumers from soaring energy prices, writes Peter Martin.
Global oil prices are typically blamed for rising fuel prices in Australia – the latest hikes have seen petrol prices approach $2 a litre. But more than a quarter of the price is tax and it just went up.
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Victoria’s new tax on electric vehicles is set for a High Court challenge with two Melbourne drivers arguing the levy is unconstitutional, prompting fresh calls to scrap South Australia’s own EV tax plan.
The State Government will delay introducing its controversial electric vehicle tax until 2027 and will instead offer $3000 one-off subsidies for EV purchases, under new legislation to be tabled by Treasurer Rob Lucas today.
Victoria will become the first state in Australia to tax electric vehicle drivers after controversial legislation passed both houses of parliament.
The State Government should not only dump its planned tax on electric vehicles, it should encourage their use and capitalise on the wider benefits, argues Craig Wilkins.