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News Wire / economy

Australia Cuts Fuel Tax To Ease Cost of Living

ABC NewsRadio AU Canberra 13d10d Impact 7
The Australian government is providing cost of living help through several measures to address economic uncertainty. These actions include cutting the fuel excise and providing additional tax cuts. A standard deduction is being implemented to provide further tax relief. The government is also working to make medicines cheaper and increase bulk billing accessibility. These steps aim to support citizens facing global volatility and unpredictability. Australia has reduced the heavy vehicle road user charge to zero and halved the excise on fuel to help alleviate cost of living pressures. These measures are intended to support businesses and consumers facing rising costs.

Topics

cost of living tax relief fuel excise

Developing

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Sources · 7 independent

ABC NewsRadio AU

“That's why we cut the fuel excise. That's why we're providing cost of living help. That's why we're providing additional tax cuts.”

ABC NewsRadio AU

“that's why we cut the fuel excise. That's why we're providing cost of living help.”

ABC NewsRadio AU

“to crude oil supply disruptions from the Middle East War. even if That's why we acted to take the road user charge, a heavy vehicle road user charge down to zero and to cut the excess in half and to work with the states to cut the GST. That was the most important thing we could do. We've also made clear that we will always consider what further actions are necessary to provide businesses with support. Australians will likely have to pay more for cosmetic products like lipsticks and moisturisers due to crude oil supply disruptions from the Middle East War. even if”

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