Greens whither in petrol excise heat

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ScreenHunter_4693 Oct. 30 09.40

By Leith van Onselen

Richard Denniss, Executive Director of The Australia Institute and previously Senior Strategic Advisor to former Australian Greens Leader Senator Bob Brown, has slammed the Greens’ blanket opposition to, and hypocrisy over, re-indexing fuel excise:

Back in 2006, the Greens included the abolition of fuel tax indexation on their list of the top ten budget mistakes made by John Howard. Indeed, they rated it number 1. In 2006, they also called for the reintroduction of fuel tax indexation to fund a climate disaster fund. And in 2010, they had the reintroduction costed by the Parliamentary Budget Office (PBO) as part of their election platform…

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.