Monday 16 November, Money & Work

Woman refueling silver car at service station pump.

Wealthy jet owners dodge 15-fold fuel tax

Australian drivers pay 53.7 cents per litre in fuel excise while private aircraft pay just 3.556 cents per litre, a 15-fold gap.

Reported by 7NEWSClaims checked against the source, 16 h ago.

Why it matters

A tax break for the wealthiest shifts the burden onto ordinary Australians already stretched by cost of living pressure and raises fairness questions about who government policy favours.

In Australia. Australian households facing mortgage and grocery stress are subsidising private jet owners through unequal tax rates; closing the gap could fund services or ease budget pressure.

Key facts

53.7 cents per litre
Motorist fuel tax
3.556 cents per litre
Private jet fuel tax
15 times higher for motorists
Tax gap ratio
$1.2 billion
Four-year budget impact
  • The Parliamentary Budget Office estimates aligning these rates would add about $1.2 billion to the budget over four years.
  • Greens leader David Shoebridge called on the government to close the gap, saying it amounts to a publicly funded gift to billionaires.

Today on InSnip

  1. Hamad's tobacco empire collapses into gang warfarePower & Policy, The Sydney Morning Herald, 12 h ago
  2. Jollibee opens first Australian stores, bringing 900 jobs to NSW and VictoriaMoney & Work, 9News, 12 h ago
  3. Australian among victims as brothers convicted of sex traffickingPower & Policy, The Age, 20 h ago

Today's ten are ready.

Read today's tenAbout seven minutes, free