Like everyone else who runs a motor car in Australia, I’m feeling the pinch of paying over 110 cents a litre for petrol. Prices have been higher than that and the outlook is for continued upwards pressure.
I accept there’s nothing the Federal Government can do about world oil prices, but they can offer some relief.
The Transport Workers Union received some cheap publicity last week when it called on the Commonwealth to scrap the GST on fuel. The RACV has been saying this since the GST was introduced.
It’s now time for the government to act. Even if they were to cap the GST at a pump price of 50 cents per litre (five cents), that would ease the burden on motorists. As it stands the government benefits when the price rises, because the GST component automatically goes up.
Tags: politics