Podcasts Government Grattan Institute Is cutting fuel excise the best way to bring down petrol prices?

Is cutting fuel excise the best way to bring down petrol prices?

Published: April 3, 2022, 10:30 p.m.

One of the big winners of last Tuesday\u2019s federal budget were motorists, when Josh Frydenberg announced a 22 cent per litre cut in fuel excise. \n\nBut what really is the fuel excise tax, and what is it used for? Was it the right economic choice to cut back on fuel excise while petrol is expensive?\n \nKat Clay, Head of Digital Communications, discusses fuel excise and what governments could do to bring down petrol prices with Marion Terrill, Transport and Cities Program Director, and Lachlan Fox, Associate. \n\nFor more information, visit: https://grattan.edu.au/