Australia politics live: Angus Taylor says Coalition would repeal Labor tax cuts in favour of ‘temporary, targeted’ cut to petrol prices | Australia news


Coalition would repeal Labor’s tax cuts in favour of halving fuel excise, Taylor says

The shadow treasurer, Angus Taylor, is speaking with ABC RN to tout the Coalition’s intention to halve the fuel excise for 12 months if elected.

He described the move as “temporary, targeted, but immediate relief for some of the hardest working Australians who are under the most pressure in our community”.

As for how much this would equate to each week, Taylor said:

Over the course of a year it’ll be, if it’s a one-tank family, it’d be $750. If it’s two tanks, it’s $1,500 … [Or] $14 a week, [and] $28 a week for a two-tank family.

Taylor confirmed the Coalition would repeal the government’s tax cuts, as outlined in the budget, to instead halve the fuel excise.

Yes, this will replace what Labor is doing, which we think is inappropriate under the circumstances, as we’ve laid out in the last 24 hours.

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Butler reiterates government will ‘never negotiate’ on PBS amid potential tariffs

Mark Butler was also asked about potential US tariffs on Australia’s pharmaceutical industry, and if there are measures in the budget to protect against this?

He said the Labor government, including the PM, has sent “a very clear message to the American industry that our PBS is never going to be up for negotiation.”

Never, ever, ever will we negotiate on one of the best medicine systems in the world that gives Australians access to the best treatments available on the planet at affordable Australian PBS prices. We will never negotiate on that.



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