In short:
The opposition is proposing to cut the fuel tax in half when global prices hit $US100 over two weeks.
asserted
prices → propose → weeks
The Coalition says it will fund the measure through $8 billion generated from its planned cuts to the tobacco excise.
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it → say → excise
Treasurer Jim Chalmers dismissed the policy and said the government was not considering any future cuts to the fuel excise.
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government → dismiss → excise
The opposition is promising to cut the cost of fuel when the global price spikes, saying the measure would slash about $15 off an average tank of petrol.
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measure → promise → petrol
Under the policy announced today, the Coalition said it would halve the fuel excise when the global price of Brent crude oil reaches an average of $US100 a barrel over a two-week period.
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price → announce → period
Opposition Leader Angus Taylor said the initiative, called Fuel Price Shield, would be "fully funded" through the Coalition's policy of cutting back the tobacco excise.
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initiative → say → excise
"Fuel Price Shield is all about providing relief at the bowser when it really counts," Mr Taylor said in Canberra.
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Taylor → provide → Canberra
"When we see two weeks where the price has averaged over $[US]100 a barrel, which means we're getting up towards $3 a litre at the bowser, there will be relief for Australians under a Coalition government.
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we → see → government
"
Those prices, he said, are similar to what motorists are seeing at the pump now, with the re-escalation of war in the Middle East pushing up the price of petrol.
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escalation → say → petrol
"We want to see $15 off a tank of petrol, 27 cents a litre, and that's fully funded through our cut to the tobacco excise,"Mr Taylor said.
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Taylor → want → cut
The Coalition's policy to cut the tobacco excise by 80 per cent would raise $8 billion, according to modelling from the Parliamentary Budget Office.
uncertain
policy → cut → Office
Mr Taylor said the Coalition would also eliminate the 32-cent road user charge for heavy vehicles to take pressure off the cost of transporting goods.
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Coalition → say → goods
Treasurer Jim Chalmers dismissed the opposition's fuel policy, saying it was "uncapped and unfunded".
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it → dismiss → policy
He told News24's Sunday Agenda the policy had more to do with "polling numbers than petrol prices", suggesting the Coalition was under pressure from One Nation.
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Coalition → tell → Nation
Economist Chris Richardson said most economists have consistently said cutting the fuel tax is a "bad bandaid" that worsens inflation.
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that → say → inflation
"That's the thing about a fuel tax cut, it simply adds to the amount of money sloshing around Australia," he said.
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he → add → Australia
"It may reduce your browser bill, but that comes at the cost of higher prices for everything else.
uncertain
that → reduce → everything
He said both sides have either enacted or proposed fuel tax cuts in recent years, and both "have slagged off the other side for doing it".
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both → say → it
Government not considering future fuel excise cuts
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Government → consider → cuts
The government implemented a cut to the fuel excise, the amount of tax the government collects on patrol, from April 1 until the end of July this year.
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government → implement → July
That saw the fuel excise cut from 52.6 cents a litre to 20.6 cents a litre, a discount of 32 cents.
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excise → see → cents
The measure was extended until midnight on August 2, but a rate rise in the excise rate meant the discount was 16 cents a litre.
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discount → extend → rate
Mr Chalmers was asked if the government would ever consider another fuel excise cut.
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government → ask → cut
"It's not something that we've been discussing or considering, but we've shown a willingness over time to respond to the economic conditions," he said.
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he → discuss → conditions
Mr Taylor said it was "incredibly disappointing" to see the treasurer rule out the measure.
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treasurer → say → measure
The opposition leader said Australians were facing potential further interest rate rises and cost-of-living pressures.
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Australians → say → living
The government has previously criticised Coalition's planned cuts to the tobacco tax, which would see a 20-pack of cigarettes drop from between $40–$50 to about $16–$26.
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pack → criticise → 16–$26
Social Services Minister Tanya Plibersek said that policy was "a guarantee we will see smoking and vaping rates in this country increase" and "will lead to deaths".
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rates → say → deaths
The Aporia
