I saw the editorial in the Herald Sun the other day........ it suggested that the federal govt should cut the petrol excise..... BRILLIANT!!! THIS IS WHY YOU DON'T READ THE HERALD SUN COS YOU GET FUCKING STUPID!!!
Scary thing was... they were actually serious! To cut a measley 10c off the per litre price of petrol at the pump would cost a staggering 3billion dollars and cut the budget surplus by a third!
The other, arguably worse, effect would be to relax the price incentive to move away from petrol. Petrol is cheap...... and it always has been, the fact that it's going up is a signal from the market that it's going to be harder to find from now on. The idea should be that we start looking for alternatives but according to the Hun it just means that the govt should subsidise our addiction to middle east oil!
Thankfully, both the federal govt and the opposition understand this and wont be following the Hun's advice.
That message again........... The Hun is terrible. It's use should be confined to covering the bottom of birds cages and wrapping up broken glass....
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the more annoying thing is, i was reading somewhere tody that they might start to partially subsidise people getting LPG on their cars, maybe 1k per family or something after they convert. thats BS too, because the government can do nothing to regulate the price of LPG. freaking ridiculous!!!!!!! i find it bizarre that we have one of the biggest total gas reserves in the world, yet the government handed over effective control of the price of it to Tappas in singapore!!!! as a result, we pay more for LPG than most other developed countries! its such a freaking farce..... price goes up in singapore? it goes up more here. who is to say we wont be paying 90 cents for gas by the end of the year?! its been up to 60 before. roll on the new global recession huh?! .....except enron i guess. it seems that 10.4 billion dollars OPERATING PROFIT in a QUARTER is a figure they would like to reproduce in the future.
think i should stop now before i pop a vein :)
Yay! Someone who thinks that petrol prices should go up :) Ive driven in 4 different countries and you pay about the same per km despite the price of petrol - where its more expensive people just buy more sensible cars.
Last year in Scotland I drove a 1.1l D (5.5l/100km) and in Australia I drove a family car (11.5 l/100km) - that has NEVER had 5 people in it! EVER! And seldom does it have 2 people in it.
Petrol is £1 a litre here now and people still drive 4WDs! I think if people are that stupid they deserve to pay as much tax as possible. Its not even like theres anywhere that you can go off road!!
Ian
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