Greens demand end to private jet fuel tax breaks
Summarised from 2 outlets · Updated 13 Nov, 23:31 · Archive
The Greens are calling for parliament to end tax breaks for private jet fuel, citing Parliamentary Budget Office analysis showing the subsidies will cost taxpayers $1.5 billion.
The Greens are calling for parliament to end tax breaks for private jet fuel following Parliamentary Budget Office analysis showing the subsidies will cost taxpayers $640 million in 2027 and $1.5 billion over the forward estimates.
Greens leader David Shoebridge said ordinary Australians pay almost 15 times more tax per litre of petrol than private jet owners. Drivers are paying 53.7 cents per litre, compared to jet owners paying 3.5556 cents per litre. The Greens pointed out that the tax break saves Pauline Hanson $174 every time she refuels, whilst billionaires Clive Palmer and Gina Rinehart are subsidised by more than $3000 per refuelling.
Shoebridge argued the federal government is spending more on these tax breaks than it does on petrol price relief or electric vehicle charging infrastructure. He criticised Labor for using taxpayer money to subsidise billionaires' jet fuel whilst ordinary Australians struggle with fuel costs.
How it is being reported
- Greens call for an end to jet fuel tax breaks for richThe Greens say parliament needs to cut tax breaks for private jet fuel following an independent analysis of the high cost to taxpayers.The West Australian · 13 Nov, 23:02
- Greens call for an end to jet fuel tax breaks for richThe Greens say parliament needs to cut tax breaks for private jet fuel following an independent analysis of the high cost to taxpayers.Perth Now · 13 Nov, 23:02
In this story: David Shoebridge · Pauline Hanson · Clive Palmer · Gina Rinehart · The Greens · Parliamentary Budget Office · Australia
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