Gina Rinehart calls for petrol tax ‘Christmas bonus’ to get country moving again

Fuel excise cut "could happen from the first of December and then, if you must, put it back to usual after Christmas, the longer after Christmas, the better," Australia’s richest woman says.

Article by James Morrow courtesy of the Daily Telegraph.

Australia’s richest woman has called on the government to give the nation a “Christmas bonus” in the form of a petrol tax excise cut at a time when people are struggling to deal with spiralling costs and said the “woke” agenda threatened living standards.

“Every few dollars counts for people in tough times,” Mrs Rinehart told this masthead in an exclusive interview.

“With the stroke of a pen, the government could deliver minor short-term relief to millions by cutting the petrol tax for households.”

“It could happen from the first of December and then, if you must, put it back to usual after Christmas, the longer after Christmas, the better.”

“It’s an easy way to help families and the elderly for Christmas and the school holidays … no one is asking for a hand-out, we just need the government to take less money from Australians.”

Last March, the Morrison government halved the excise tax on fuel from 44.2 to 22.1 cents per litre for six months as part of a suite of pre-election cost of living measures.

That relief was credited with keeping fuel price increases to a minimum at a time when global oil prices were spiking as a result of Russia’s invasion of Ukraine.

Although crude oil prices have come off earlier highs a number of factors including a weak Australian dollar have meant motorists continue to suffer pain at the pump.

“With high inflation and rising interest rates, all I keep hearing is that people in the bush and the cities need costs cut now more than ever,” Mrs Rinehart said.

“I have long spoken out about Australians being overtaxed and overcharged by government, which has its roots in excessive government spending.”

Mrs Rinehart, who has led the Hancock Prospecting Group since 1992, also said governments needed to cut red tape to encourage business investment and stop pushing “woke” agendas that were holding the country back.

“We teach children far more about cutting emissions and woke agendas, than we do about mining that powers Australia’s economy, and enables those Australians employed in the industry, to have some of the highest wages in the world.”

“The resources industry contributes more corporate tax than all other industries combined. It’s mining taxes that pay for our government teachers, police and nurses, non-voluntary firefighters and emergency services.”

Something has to give if we want to maintain our envied living standards. It’s time for economic sense, and common sense.