The Albanese government has dismissed the Coalition\u2019s pitch to Australians dreading the bowser as adding to the \u201chundreds of billions of dollars in unfunded promises\u201d.<\/p>\n
The opposition unveiled \u201cFuel Price Shield\u201d at the weekend.<\/p>\n
It would automatically halve the fuel excise when the two-week average closing price of Brent crude sat above $US100 a barrel.<\/p>\n
Finance Minister Katy Gallagher said on Monday it was a bad idea and called it \u201can unfunded, uncosted promise from (Angus) Taylor\u201d.<\/p>\n
\u201cThis is not something that we have been considering,\u201d she told ABC\u2019s Radio National.<\/p>\n
\u201cObviously, we\u2019ve helped when the war started with some changes to the fuel excise, but we\u2019ve shifted to providing more permanent cost-of-living arrangements, including through the tax system, to make sure that that ongoing cost-of-living help is there permanently, not just in these one-off arrangements, which, when we\u2019ve got higher inflation, could be difficult in the economy.\u201d<\/p>\n
But speaking on the same program after Senator Gallagher, opposition energy spokesman Dan Tehan insisted the plan was \u201ca good, sensible, practical measure which is helping Australians in a cost-of-living crisis\u201d.<\/p>\n
\u201cAnd what I would say to Anthony Albanese and the Labor Party is get out amongst the people and see what\u2019s happening in your electorates because people are hurting because of cost of living,\u201d he said.<\/p>\n
Mr Tehan said the safeguard would be \u201ccompletely offset\u201d and not inflict \u201cinflationary pressures\u201d.<\/p>\n
\u201cWe have the discipline to be able to do the policy work to make sure we can offset policies like this so it won\u2019t be inflationary and it will provide much-needed relief to people and they need it now,\u201d he said.<\/p>\n
He added that it would be fully funded by the Coalition\u2019s proposal to slash the tobacco excise by 80 per cent in a bid to undermine black market sales, which the Parliamentary Budget Office estimated would raise $8bn.<\/p>\n
\u201cSo once again, more sensible policy measures put in place, costed by the Parliamentary Budget Office, which showed an $8bn saved to the budget,\u201d Mr Tehan said.<\/p>\n","protected":false},"excerpt":{"rendered":"The Albanese government has dismissed the Coalition\u2019s pitch to Australians dreading the bowser as adding to the \u201chundreds…\n","protected":false},"author":2,"featured_media":899488,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[468089,468078,468077,468084,468082,387879,449172,468067,468091,413501,384900,468096,468099,379283,468100,468093,2655,468080,468087,28384,2324,64,63,9461,468083,67226,32092,27305,41262,78059,468085,468068,422344,405583,285860,468081,1788,3322,13052,468072,468070,389991,468065,44,180257,468086,1861,5948,44077,468095,468097,468094,389390,12975,468076,468069,378344,408266,51894,161703,468075,122841,381804,382251,392791,377409,379066,103181,386391,468073,468079,391542,392060,384893,468066,314784,468090,468092,468088,468098,468071,468074],"class_list":["post-899487","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australia","tag-poohs","tag-fuel-pitch","tag-s-unfunded","tag-s-fuel-pitch","tag-s-fuel-relief-plan","tag-s-pitch","tag-s-proposal","tag-s-radio-national","tag-8bn","tag-us100","tag-384900","tag-a-bad-idea","tag-a-barrel-finance-minister-katy-gallagher","tag-a-bid","tag-a-cost-of-living-crisis","tag-a-good","tag-abc","tag-an-8bn","tag-an-unfunded","tag-angus","tag-anthony-albanese","tag-au","tag-australia","tag-australians","tag-black-market-sales","tag-brent-crude","tag-cent","tag-coalition","tag-cost","tag-dollars","tag-fuel-price-shield","tag-global-volatility","tag-higher-inflation","tag-hundreds-of-billions","tag-inflationary-pressures","tag-its-fuel-plan","tag-labor","tag-living","tag-monday","tag-more-permanent-cost-of-living-arrangements","tag-more-sensible-policy-measures","tag-mr-tehan","tag-much-needed-relief","tag-news","tag-newswire-politics","tag-opposition-energy-spokesman-dan-tehan","tag-people","tag-place","tag-policies","tag-practical-measure","tag-senator-gallagher","tag-sensible","tag-some-changes","tag-taylor","tag-tehan","tag-that-ongoing-cost-of-living-help","tag-the-albanese-government","tag-the-bowser","tag-the-budget","tag-the-coalition","tag-the-discipline","tag-the-economy","tag-the-fuel-excise","tag-the-labor-party","tag-the-opposition","tag-the-parliamentary-budget-office","tag-the-people","tag-the-pitch","tag-the-plan","tag-the-policy-work","tag-the-safeguard","tag-the-same-program","tag-the-tax-system","tag-the-tobacco-excise","tag-the-two-week-average-closing-price","tag-the-war","tag-the-weekend-it","tag-these-one-off-arrangements","tag-uncosted-promise","tag-unfunded","tag-unfunded-promises","tag-your-electorates"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/899487","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=899487"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/899487\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/899488"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=899487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=899487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=899487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}