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Opposition announces ‘fuel price shield’ for when crude oil exceeds US$100
The federal opposition says a “fuel price shield” policy under which the excise would be halved when the two-week average price of oil exceeds US$100 a barrel would save drivers 27 cents a litre.
When global events send oil prices through the roof, Australians should know there is a clear automatic safeguard in place to provide temporary and targeted relief.
The fuel price shield would provide certainty. When a serious oil shock hits, the tax comes down automatically. When oil prices return to more normal levels, the ordinary rate is restored.
I always valued his intelligent and humane contributions to the public debate. I always respected his convictions and his determination to make life better for others.
He knew his values. He lived them.
Tim was a man of conviction and a thoroughly decent person. He brought sincerity, compassion and a strong sense of public duty to his work, earning respect across the Parliament. His commitment to integrity in public life was unwavering.
The post News live: Taylor pledges ‘one of the biggest immigration cuts in Australian history’; tributes for Victorian Greens MP Tim Read appeared first on World news | The Guardian.