Fuelling budget repair: how to reform fuel taxes for businesses

  • Date
    Friday 10 February
  • Time
    12.00pm to 12.20pm
  • Location
    –
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Fuel tax credits are worth $8 billion a year to the businesses that receive them, but only about half that outlay is justified in economic or social terms.

Fuel tax credits are gnawing away an every-growing share of fuel tax revenue: a decade ago, credits reduced gross fuel tax revenue by 30 per cent; today, it’s almost 40 per cent. Winding back the credits would not only help repair the budget, it would also help Australia hit its target of net-zero emissions by 2050, because burning diesel contributes about 17 per cent of Australia’s total carbon emissions.


Join Grattan Institute’s Marion Terrill and Natasha Bradshaw for this special speed-briefing on how fuel taxes for business should be reformed. All you need to know in just 20 minutes.

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Panel

Marion Terrill

Speaker

Marion Terrill is Director of Grattan’s Transport & Cities Program. She is a leading policy analyst with experience that ranges from authoring parts of the 2010 Henry Tax Review to leading the design and development of the MyGov account. She joined the Grattan Institute in April 2015 to establish the Transport Program, and has published on investment in transport infrastructure, cost overruns, value capture, discount rates and congestion. 

Natasha Bradshaw

Speaker

Natasha Bradshaw is an Associate in Grattan Institute’s Transport and Cities Program. She previously worked at the Australian Treasury, with a focus on structural issues in the labour market and barriers to women’s economic security. Natasha graduated from the University of New South Wales with First Class Honours in economics.