There could finally be some relief in sight at the petrol pump, with the Federal Government planning to reduce the fuel excise in Tuesday's budget. 9News
There could finally be some relief in sight at the petrol pump, with the Federal Government planning to reduce the fuel excise in Tuesday's budget.
The Treasurer said the government recognised fuel prices — driven up by Russia's invasion of Ukraine — were at the forefront of many peoples' concerns. But this will be the last year low- and middle-income workers will be able to claim up to $1080 in a tax offset.The COVID-19 pandemic has left Australia in a financial black hole following massive relief funding over two years, with the national deficit spiralling.
He wouldn't be drawn on when Australians could expect to next see a surplus in the budget, but said there were promising signs.
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