This article is absolute head shaking stupidity.
The price of petrol has doubled, increasing inflationary pressure.
The government is halving the tax on petrol. This will result in no change to the tax collected per litre, and reduces pressure.
The AFR is just right wing propaganda at this stage.
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Fuel excise cut will alarm the RBA over inflation risks
The knee-jerk reaction is just the start of more inflationary spending and puts Jim Chalmers’ pledged “reform” budget on life support, writes John Kehoe.