Australia’s fuel tax credit scheme lacks a clear rationale or purpose. Reforming it can save the federal budget $4 billion a year.
Articles on fuel tax credits
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Critics of Australia’s fuel tax credits system have pointed to its impact on the budget bottom line, but calculating that cost is far from straightforward.
Tony Abbott has warned there will be “tough decisions” in tomorrow’s federal budget – but would his government risk an industry and internal backlash by cutting back on multi-billion-dollar fuel tax credits…
Top contributors
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Professor, Department of Economics, The University of Melbourne
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Adjunct Professor, Crawford School of Public Policy, Australian National University
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Professor of Institutional Economics, RMIT University
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Senior Associate, Transport and Cities Program, Grattan Institute
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Transport and Cities Program Director, Grattan Institute