**In short: **

The government has halved the fuel excise, reducing the cost of petrol and diesel by 26.3 cents a litre for three months.

The heavy road user charge will also be reduced to zero for the same period, taking pressure off truck drivers and transport costs.

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[–] 38 points 7 months ago (7 children)

Govt responds to fuel shortage by pushing the price down, thereby increasing consumption and maintaining dependence.

This is fine.

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  • [–] 9 points 7 months ago* (3 children)

    Long term it would be bad. High prices help hasten energy transition and energy independence but the collapse of the Libs has left a very dangerous power vacuum.

    Hopefully Trump dies of natural causes or gets the 25th soon and the disruptions in the gulf ends.

    Meanwhile Labor needs to be seen to be doing popular things to keep the fossil fuel and billionaire funded populists to 20%

    Government is always about finding a balance, not being perfect.

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  • [–] 5 points 7 months ago (1 child)

    Hmm, yes, "politics is the art of the possible", good point.

    Although, in a few weeks when it becomes clear that the govt effectively sat on it's hands and did stuff all while the obvious situation unfolded predictably, that's not going to be great for their polling numbers either.

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  • [–] 4 points 7 months ago*

    They have been getting fuel into the country and trying to support critical industries and combat price increases. There is a limit. We aren't about to sanction the USA or start a war with them. Global oil prices aren't something our government can control.

    Whatever they do it's going to end with fuel rationing I think. Odd and even plate days etc. Seen it all before. People forget quickly how vulnerable we are to disruptions in the global supply chain.

    Cutting fuel excise is likely a poor decision conomically but there is a constant theme I see online, don't know where it comes from, that this government does nothing. They are obviously doing a hell of a lot and perhaps more than they should. It isn't being reported or understood for some reason.

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  • [–] [S] 24 points 7 months ago (19 children)

    Also, needed some fuel on the weekend for the mower so took up our 2 x 20L fuel containers we keep in the shed for the mower / whipper snipper to fill them up... Could feel the eyes as we dared fill up a couple of jerry cans. Obviously hoarding. After turning up in our EV....

    Really surprised at the lack of anger at old Trumpy over this whole thing. Everyones so quick to blame "Albo" or "Labor" ("labour" usually) rather than... the bloke who is literally the one who initiated the conflict??

    Anyway. Will certainly be delicious irony if this is the turning point for electric adoption.

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  • [–] 16 points 7 months ago (15 children)

    Only an idiot would blame Albo.

    However, I'm really raging that Albo and other world leaders won't hold Trump's feet to the fire over this.

    Trump started it and he's the only one that can finish it and the only way he will do that is if other leaders throw some shade on him for this idiocy.

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  • [+] -19 points 7 months ago* (last edited 7 months ago) (14 children)
  • [–] 6 points 7 months ago (3 children)
  • [–] 2 points 7 months ago (5 children)

    Bro you need to go back to the library and hit the books, your worldview and assessment of current events is quite flawed. I wonder, have you pulled any of your understanding from credible sources or just your favourite cooker podcast?

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  • [+] 0 points 7 months ago (4 children)
  • [–] 2 points 7 months ago (3 children)

    Hit the books mate, I ain't gonna write you an essay you won't even read.

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  • [–] 8 points 7 months ago (1 child)

    Really surprised at the lack of anger at old Trumpy over this whole thing.

    Don't worry, I'm blaming Trump for this.

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  • [–] 2 points 7 months ago

    You are not the only one. I interact with a lot of right-wing nutters and also right-wing “normal” people who are now blaming Trump. Even the cookers and Red Hats are rethinking their world view.

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  • [+] 11 points 7 months ago (1 child)
  • [–] 6 points 7 months ago*

    EU member states took different approches: targeted tax cuts for truck drivers, or targeted 100 EUR subsidy for lower income households to spend on energy (fuel or electricity), or general energy tax cut for both fuel and electricity.

    The idea being to either subsidize fuels for folks who must use fuel. Or subsizie energy in general so that both fuel and electricity gets cheaper, so that polluting energy sources doesn't get more tax cut than electricity.

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  • [–] 10 points 7 months ago (3 children)

    They're at least gonna enforce servos passing the saving on right? They'll fine any cunts their entire revenue since the war started right?

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  • [–] 5 points 7 months ago (2 children)

    Since the fuel price is set by market forces (rather than a cost plus model), and the law doesn't prevent price gouging in energy (those laws only apply to supermarkets) we'll likely see a drop (or at least a pause in the increases) when it's first introduced, but then the fuel companies will slowly wind it back up till they are pocketing the excise change.

    So no - there's no framework forcing the saving to be passed on to motorists, and in the medium term it will go to fuel companies, funded by taxpayers.

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  • [–] 1 point 7 months ago (1 child)

    While it’d be a massive fucking bureaucratic nightmare - the Govt should probably opt to refund the fuel excise levy on a monthly/quarterly basis through the ATO & financial institutions.

    While it won’t do anything to curb panic-demand, it would at least provide an avenue for directly reducing end-user fuel costs in a noticeable way.

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  • [–] 2 points 7 months ago

    Yeah, but anyone that hates and blames politicians for this would hate and blame politicians if they did what you're suggesting. This strategy gives less money directly but more directly addresses the anger and democracy is basically a popularity contest

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  • [–] 19 points 7 months ago (5 children)

    Lowering the price will just increase consumption and hoarding.

    The solution to shortages is rationing, but the government is worried (probably accurately) that it will be unpopular.

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  • [+] -8 points 7 months ago (4 children)
  • [–] 1 point 7 months ago (3 children)

    Its basic supply and demand and well established

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  • [–] 2 points 7 months ago (1 child)

    That's what the market prices are for. The taxes are for raising revenue and encouraging long-term behavioral change.

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  • [–] 3 points 7 months ago*

    Sure but a sudden change in the taxes on one item are obviously going to lead to a higher demand than otherwise. Much like an economic stimulus package. Plenty of those people need support and can't afford to pay more so doing something isn't terrible, but if the issue is supply, which it seems to be, then you're just going to risk running out / need to restrict usage

    Actually, is there a reason they wouldn't be worried about supply that I could be ignorant of? Last I heard a few tankers had turned away, people were preparing for a prolonged war and there were issues with rural deliveries

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  • [–] 9 points 7 months ago (3 children)

    Heavy road user charge being reduced is being underappreciated here. This is a good idea.

    The excise reduction is interesting because there are good arguments on both sides. Lower cost increases demand typically but it will also go a long way to calming people down and having a net positive on society. Plus the bit where its slightly cheaper to try and exist.

    I won't argue with receiving the benefits, but I'm not entirely convinced its the right move. Its not simple.

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  • [–] 3 points 7 months ago (2 children)

    and having a net positive on society

    What do you mean here?

    I assumed it was that it removes the sudden strain to peoples wallets but then your next sentence seems to introduce that as a seperate thing by leading with "plus" so I'm guessing there is more that I've been ignoring

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  • [–] 2 points 7 months ago (1 child)

    I'm talking more about the psychology. At the moment there seems to be (amongst my workplace at least) a bit of concern about filling up before the price goes up since it seemed to be moving near daily. With it being cheaper (albeit temporarily) people should be a bit calmer about it and remove it from the forefront of mind. Calmer people are less likely to descend into anarchy.

    I'm honestly glad you asked because I didn't immediately have an expansion to that ready and had to think about what I was trying to say.

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  • [–] 2 points 7 months ago

    Yeah, thanks for replying to this. Reducing panic buying is probably something I wasn't thinking of a lot and you can see it in my other comments. I'd put a lot of the downvotes down to an emotional situation but this is an important oversight

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  • [–] [S] 9 points 7 months ago (7 children)

    Will certainly take the wind out of the sails of the usual conservative bogan types who have been making a big song and dance about how the gubberment needs to save them from our own over-reliance on oil.

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  • [–] 5 points 7 months ago (3 children)

    That's likely the reason yeah, even if it makes the problem worse given it's mostly a demand side problem (for now). Functionally illiterate conservatives don't know or care about that, however.

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  • [+] -5 points 7 months ago (2 children)
  • [–] 2 points 7 months ago (1 child)

    You again? What part of the fossil fuel industry do you work in?

    Nobody believes EVs are without drawbacks, but your blind hatred of renewables and EVs comes across as more unhinged every time I see your name on a comment. I've engaged with you in good faith before and you have shown yourself to be a bad actor. If you can't figure out why moving away from fossil fuels is a good thing at least shut up and let the rest of the world get on with it.

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  • [–] 3 points 7 months ago

    … and petrol company’s are already preemptively jacking up prices again;

    Doing a Coles.

    Up Up! Prices are Up!

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  • [–] -2 points 7 months ago

    so retailers can sell for the same price and pocket the reduced tax. hurray for labor. NOT.

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