The Herald's View: Cutting the excise on petrol may solve a short-term political problem for the government, but it will also eventually create another economic challenge for the federal budget
The promise of a tax cut is always tempting – even irresistible – for a government in the lead-up to a federal election.
A change to the excise will be the subject of internal debate before the March 29 budget. Petrol now costs about $2.20 per litre and may even rise higher. South Australian Premier Steven Marshall, who is facing a state election on Saturday, is among state leaders calling for a temporary cut to the tax.
. But if it goes ahead, he says it should be temporary and for a specific time period, without any freeze on indexation.
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