POLICY

What are this year's Budget hopes for energy? 

THE most obvious energy focus of the Budget to be handed down tonight will be the cost of fuel with Treasurer Josh Frydenberg confirming a 20 cent cut to the fuel excise of 43c per litre. 

Energy minister Angus Taylor

Energy minister Angus Taylor

The cut is expected to run six months; a three month hiatus would not live out higher oil prices and a year would cost too much. The treasurer hopes the cuts will be passed along by fuel retailers to customers...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry