Kyiv, the NATO training center bombed; Australian fuel prices rise, NSW flood cleanup continues, ADF calls for Lismore flood days before confirmation
As we mentioned earlier this morning, the Morrison government is under increased pressure to deal with rising fuel prices caused by the war in Ukraine.
Speaking on ABC RN breakfast This morning, Federal Trade and Tourism Minister Dan Tehan did not say whether the government would cut its excise duty on gasoline and diesel by $29.8 billion, but reiterated that the fight against the rising cost of living will be a key aspect of the budget.
“The cost of fuel is one of the things people want to discuss and it’s a biting issue,” he said.
“So that will obviously be something that will be taken into consideration when developing the budget.”
Mr Tehan said rising oil prices are likely to drive up the cost of airfare to Australia and could impact the flow of tourists after the pandemic.
“Our hope is that the extra charges you’ll see on an international ticket won’t deter those who are already saving from coming here,” he said.
“We would prefer that [extra cost] was not the case but, unfortunately, none of us wanted the action that Vladimir Putin took in Ukraine.
The price hike comes as the government prepares to reopen the country to the cruise industry, which has been banned from Australia since the start of the pandemic.
Mr Tehan said the ban would likely be lifted on April 17, with an announcement to be made with states and territories in the coming days.
“As long as people are vaccinated with a double vaccine, which is what we need for international tourists returning to Australia, and there are other measures in place, then we should be fine with leaving,” said he declared.