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Halving heavy vehicle tax credits could save budget $4b a year

February 6, 2023 - 14:00 -- Admin

Marion Terrill from the Grattan Institute contends that overhauling the fuel tax credit scheme would reduce the budget deficit and help Australia to achieve the net zero target of 2050. The fuel tax credit for heavy vehicles costs about $8 billion a year, but the Grattan Institute estimates that this could be reduced to $4

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