The hidden cost of halving the fuel excise, and who’s left to pay
Last week, Prime Minister Anthony Albanese stood at a podium and announced Australians would pay 26.3 cents less per litre for petrol and diesel from April 1. He was right. That saving is real and it matters. But there is a second half to this story that did not make the press conference, and it is going to show up at your supermarket checkout whether anyone explains it to you or not.
I am a CEO and a qualified public accountant. My practice works with transport operators, logistics companies, owner-drivers, and farming businesses across Australia.
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