Government should delay planned petrol tax, says forum
5:30PM Wednesday April 23, 2008
The Government should delay imposing planned fuel taxes to ease the pain of surging fuel prices, the Road Transport Forum says.
The suggestion comes after the latest fuel price hikes by the major oil companies yesterday saw 91 octane petrol increase from $1.86 a litre to $1.89, and diesel going up 5 cents from $1.52 to $1.57.
Forum chief executive Tony Friedlander said the Government should east the impact of soaring petrol and diesel prices by putting off the raft of new taxes and costs it intended imposing on fuel over the next year.
He said in that period fuel costs could go up by as much as 40 cents per litre on top of the record prices being paid today, because of the Government's biofuel policy, emissions trading scheme and regional fuel taxes.
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