House debates

Wednesday, 29 October 2014

Questions without Notice

Fuel Prices

2:55 pm

Photo of Tony AbbottTony Abbott (Warringah, Liberal Party, Prime Minister) Share this | Hansard source

I make two observations in response to the member who has asked the question. First, this is a government that is reducing the overall burden of tax. The budget reduced the overall burden of tax by $5.7 billion. Sure, we are indexing fuel excise but we have abolished the carbon tax—the carbon tax that the member presumably wanted to stay. We gave people a $550 per household a year benefit. That is the first point I make: we are reducing the overall burden of tax. The second point I make is that, due to the operation of the ordinary market, petrol prices at the moment are going down.

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