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Blah-Blah Bar / Re: Trumpled (Alternative Leading)
Last post by northernblue -Medium to Long term maybe but short term which it would be in this case imho I don't agree and it would have a deflationary effect by lowering transport costs which in turn should reduce items like supermarket goods. Treasurer Chalmers is planning on cutting the exemptions for EVs with regards FBT and import tariffs plus introduce a EV road users tax which should send EV sales plummeting and Motorists back to ICE vehicles and continuing demand for petrol which given events in Iran he might want to rethink.
It's worth reading about (and there's a few good articles) what cutting the fuel excise now would do. The net effect would be to send inflation northward at an alarming rate, and lead to far greater pain for a much longer time. Economic times now are very different to those that prevailed when the excise was cut during Covid.
Of course, that doesn't stop opportunistic populist w***ers like Hanson, Joyce et al who claim that it shows the Government doesn't care about struggling Australians. Cheap punchlines with little or no credibility in terms of actual decision-making.
20c a liter cut in excise is laughable mate, if someones sailing that close to the wind they may as well sell up.
Netflix, 3 x bathroom homes, butlers kitchens, Sherman tanks to drop the kids to school and home Aircons and lights running 24/7…
It’s wont be pretty but we need a shake up, people need to learn to prioritise, same as the housing bubble needs to be burst, it’ll hurt those of us that own our homes but our kids and grandkids will thank us.
Seperately, I was asked by a mate if I’m going to introduce a fuel surcharge (I’m a tradie) my answer is no.
At this point in time a fuel surcharge will just drive the CPI (somewhat) needlessly, hurting everyone.
It may need to happen but for now I’m holding my prices.
My daily drive is usually a 100km return unless I’m doing more run around.
I also didn’t take the covid payments because I didn’t need them.
Sometimes we need to think beyond our own hip pocket imho.