Fuel tax bid risks empty farm tank

VICTORIAN Farmers’ Federation says proposed changes to the fuel tax credits scheme flagged by the Grattan Institute would further increase the already sky-high cost of living pressures on consumers and further financially strain farmers.

President Emma Germano joined calls by the National Farmers’ Federation for Treasurer Jim Chalmers to urgently rule out changes to the scheme ahead of the Federal Budget.

hit by October’s floods, including himself, most had achieved a reasonable season.

“Some made the same amount of money but they also had to invest much more too,” said Mr Hocking on input prices for crop production. He said there was a widespread switch to grain and canola crops over hay in the region.

“It’s been a long drawn-out harvest. The industry is a bit exhausted at the moment.”

“Farmers are already feeling the pinch with high input costs on a number of fronts, which inevitably get passed through our food supply chain and onto consumers at the supermarket checkout,” Ms Germano said. “It’s essentially a tax on food at the worst possible time and an unnecessary cost farmers can’t burden.

“A ninth successive interest rate hike is the latest attempt to control the spiralling cost of living. This tax does the opposite and has the potential to send food costs soaring.”

Ms Germano said the flawed proposal to extend the fuel excise to off-road vehicles had not been thought through properly.

“A road tax on vehicles that don’t use the roads doesn’t pass the pub test.”

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