Fuel tax thought bubble would fuel cost of living

Farmers are calling on Treasurer Jim Chalmers to urgently rule out changes to the Fuel Tax Credits Scheme ahead of the Federal Budget.

NFF President Fiona Simson warned that slashing the scheme, as proposed by the Grattan Institute, would be economically disastrous – lighting the fuse on a multi-billion dollar tax bomb that would send a cost of living shockwave down the supply chain.

“Farmers are already battling a cost of farming crisis, with fuel, fertiliser and other inputs at historically high levels. We’re seeing this reflected in the food price inflation causing pain for families at the supermarket checkout.

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