Tag: fuel subsidy

Things I don’t Care About: The fuel subsidy

Premier Bligh has decided to scrap the 8c a litre fuel subsidy. I don’t really care. Anything the government is subsidising is being paid for by us (the tax payer) anyway. So it seems that I’ll get taxed less and have more money to spend on the things that go up in price. Balance. Plus, there have been a number of price hikes in recent years to cover increased fuel costs – and I haven’t noticed decreases to cover the drop in fuel prices since. So it should all just work itself out.

That’s what I think anyway. I wonder why all the lobby groups in the world are up in arms about increased costs when we’re still about 22c ahead of where we were six months ago. I tried to make our line on the issue consistent with my thinking – but keeping the customers (the tourism industry wants the subsidy) satisfied won the day. Oh well. More fool them.