Skip to main content ↑ ↓
Topic: Trumpled (Alternative Leading) (Read 2588297 times) previous topic - next topic
0 Members and 1 Guest are viewing this topic.

Re: Trumpled (Alternative Leading)

Reply #4980 –
Quote from: ElwoodBlues1 – on
Quote from: tonyo – on

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. 
  
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.


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.
Let’s go BIG !

Re: Trumpled (Alternative Leading)

Reply #4981 –
I read an article in the last 2 or 3 days that stated our petrol prices and petrol taxes are among the lowest compared to other countries with similar economies.

Re: Trumpled (Alternative Leading)

Reply #4982 –
Quote from: PaulP – on
I read an article in the last 2 or 3 days that stated our petrol prices and petrol taxes are among the lowest compared to other countries with similar economies.

Previous to recent events Thailands fuel prices were pretty much in synch with Australian prices per lt.
Thai daily wage is about 300 baht a day (Aud$13), remind me about our cost of living crisis please…
Let’s go BIG !

Re: Trumpled (Alternative Leading)

Reply #4983 –
Quote from: northernblue – on
Previous to recent events Thailands fuel prices were pretty much in synch with Australian prices per lt.
Thai daily wage is about 300 baht a day (Aud$13), remind me about our cost of living crisis please…

I don't know much about Thailand, so I can't really comment, but I'd hazard a guess that much like other similar countries, they must try to get by with less, with an attendant lower standard of living.

At any rate, here is the article I mentioned, dated 25th March 2026 :

https://www.sbs.com.au/news/article/fuel-excise-tax-australia-explainer/0kc4vxc2m

Re: Trumpled (Alternative Leading)

Reply #4984 –
Just got back from Cambodia. Their petrol was about 3,300 Riel <$1.20. It is now 7,200 >$2.50.