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Posted on 6 Dec 2018 9:38 am
Fuel tax is indexed twice per year in line with the rate of inflation, which was reintroduced by the Abbott government in 2014.
While this tax is used to fund infrastructure and to repair roads and highways, most of the tax disappears into general revenue.
The excise on unleaded petrol is currently around 41.2 cents/litre, with an additional 10% Goods and Services Tax on top of that.
We already have the equivalent of the carbon tax - it is the LNP's double-dipping GST.
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