Skip to main content ↑ ↓
Topic: Shawny’s concerns about Victorian and Australian Governments  (Read 114576 times) previous topic - next topic
0 Members and 2 Guests are viewing this topic.

Re: Shawny’s concerns about Victorian and Australian Governments

Reply #450 –
Drop won't kick in until tanks are re-filled. All petrol currently in the sevo tanks has full excise paid.

People whinge about how much excise there is and whine when the cut isn't big enough.

Next if some economists are right in that cutting excise will increase inflation, hence interest rates - what's the reaction?

Re: Shawny’s concerns about Victorian and Australian Governments

Reply #451 –
Quote from: dodge – on
Drop won't kick in until tanks are re-filled. All petrol currently in the sevo tanks has full excise paid.

People whinge about how much excise there is and whine when the cut isn't big enough.

Next if some economists are right in that cutting excise will increase inflation, hence interest rates - what's the reaction?
Short term I don't see it increasing inflation as fuel will still be expensive and it's not like it will generate a spending spree because average folk will still be out of pocket.