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Why cutting the fuel tax could fuel Australia’s inflation fire

As global crude oil edges toward $120 a barrel, Gary Hardgrave on 4BC Mornings and independent economist Saul Eslake debate whether cutting Australia’s fuel excise would ease cost-of-living pressures or accidentally worsen inflation.

Their conversation also exposes how reckless state and federal government spending – combined with a flawed tax system and bracket creep – is fuelling inflation and driving up interest rates.

Hear more highlights from 4BC Mornings below and download the 4BC App on iOS or Android to ensure you don’t miss a thing!

Image: iStock

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Gary Hardgrave
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