Kate Hawkesby: Make no mistake, the Govt isn't 'slashing' fuel prices

Early Edition with Ryan Bridge · Mar 14, 2022 · 3m

Less than a 24-hour timeframe is one of your quicker government flip flops - but nonetheless, that’s how long it took the PM to go from ‘no cost of living crisis’ to acknowledging a cost of living crisis. Although she did work hard to pin it on Russia.

Let's not forget petrol prices were rising before that.

But under pressure, and on the back of a bad poll, the Government's reacted - and filling your tank just got cheaper by either 11 or 17 dollars depending on the size of your tank.

It's a 25 cent a litre reduction in the excise tax - which usually comprises just over 70 cents of every…