This shows the impact of the taxes of each nation on diesel.
With the tax component included, it shows Straya is not too bad - globally.
Cheers - John
Woody n Sue said
12:36 AM Jan 15, 2015
I wouldn't mind paying the road tax part if the money actually went to the roads not fully funded Polly over sea's " study " trips
dazren said
10:12 AM Jan 15, 2015
Void Debate !!!
We can make '' No Relevance, ! re these Facts and Figures, WAY to many differences in so, so. many ways in so many of the countries mentioned,That changes the Whole Economic structure, ! and dispersion of the Petro/ $$$$
Bottom line is ! we live in Australia, ! we fill up here, ! so it does not matter how much Anything Costs overseas, especially in the 3rd world countries, It all may be cheap, ? but do we want the same living conditions, ! That make those cheap prices possible,
Bruce and Bev said
10:44 AM Jan 15, 2015
what bothers me (aside from the price of diesel which is overpriced compared to the more refined petrol and so should cost less than petrol) is Aust is the only 1st world country in the world who does not carry govt stocks of fuel. Nationally the oil companies only hold up to less then 2 weeks of all the various fuels, so could we be in serious s*** if fuel stopped flowing temporarily for whatever reason.
And as Caltex and BP are multi-nationals and the only ones who import oil or already refined fuels (as nearly all our refinaries have been closed), they really don't give a toss about one country as small as ours
Oh, and sorry, you cant blame Abbott for this one..........the wind down of our fuel security has happened over the past 2 federal govts
Delta18 said
11:07 AM Jan 15, 2015
Bruce and Bev wrote:
what bothers me (aside from the price of diesel which is overpriced compared to the more refined petrol and so should cost less than petrol)
Since the introduction of modern Common Rail Diesels this is not so.
In the 'olden days' this was correct, diesels would run on cooking oil or maybe filtered sump oil but not now.
Modern diesel is much more refined and costs more than ULP to produce.
I do agree though that as ULP has dropped over 30% in cost retail recently then diesel should have come down proportionately.
johnq said
12:31 PM Jan 15, 2015
Fuel is double taxed, a fixed excise rate of 38.143 cents per litre on petrol and diesel plus GST of 10 per cent on the final retail price.
"Australian fuel prices are based on the regional benchmark fuel (not oil) prices for the Asia-Pacific regionthat is, the Singapore prices for petrol (eg. MOPS95) and diesel (Gasoil 10ppm sulfur)" [Petroleum Institute]
- That is how the federal governments past and present want it. The feds lose money from lower fuel prices and higher prices are a windfall. The feds are presently complaining in the media because the expected taxes from fuel have fallen through lower prices. They are on the prowl to increase taxes on other things, for new taxes and also to reduce services to 'save' money.
It doesn't matter which side you vote for you will always end up with a politician 'representing' you and they can always find more ways to pass more laws and spend your taxes.
Sorry folks, we are all in this together.
-- Edited by johnq on Thursday 15th of January 2015 12:32:29 PM
ShortNorth said
10:19 PM Jan 15, 2015
johnq wrote:
Fuel is double taxed, a fixed excise rate of 38.143 cents per litre on petrol and diesel plus GST of 10 per cent on the final retail price..............
-- Edited by johnq on Thursday 15th of January 2015 12:32:29 PM
When you really look at it, it is actually triple taxed - the fixed excise, + the GST, + you're paying for it with dollars that have most probably been income taxed before you even spend them !!!
aussietraveller said
11:00 PM Jan 17, 2015
Still does not explain why Diesel prices are much higher than petrol
johnq said
01:26 AM Jan 18, 2015
aussietraveller wrote:
Still does not explain why Diesel prices are much higher than petrol
This will make you cry, Why so dear in Aussie ?
http://www.globalpetrolprices.com/diesel_prices/#USA
K.J.
Gday...
Now that is a very interesting bit of information
That table states -
This shows the impact of the taxes of each nation on diesel.
With the tax component included, it shows Straya is not too bad - globally.
Cheers - John
Void Debate !!!
We can make '' No Relevance, ! re these Facts and Figures, WAY to many differences in so, so. many ways in so many of the countries mentioned,That changes the Whole Economic structure, ! and dispersion of the Petro/ $$$$
Bottom line is ! we live in Australia, ! we fill up here, ! so it does not matter how much Anything Costs overseas, especially in the 3rd world countries, It all may be cheap, ? but do we want the same living conditions, ! That make those cheap prices possible,
And as Caltex and BP are multi-nationals and the only ones who import oil or already refined fuels (as nearly all our refinaries have been closed), they really don't give a toss about one country as small as ours
Oh, and sorry, you cant blame Abbott for this one..........the wind down of our fuel security has happened over the past 2 federal govts
Since the introduction of modern Common Rail Diesels this is not so.
In the 'olden days' this was correct, diesels would run on cooking oil or maybe filtered sump oil but not now.
Modern diesel is much more refined and costs more than ULP to produce.
I do agree though that as ULP has dropped over 30% in cost retail recently then diesel should have come down proportionately.
Fuel is double taxed, a fixed excise rate of 38.143 cents per litre on petrol and diesel plus GST of 10 per cent on the final retail price.
"Australian fuel prices are based on the regional benchmark fuel (not oil) prices for the Asia-Pacific regionthat is, the Singapore prices for petrol (eg. MOPS95) and diesel (Gasoil 10ppm sulfur)" [Petroleum Institute]
- That is how the federal governments past and present want it. The feds lose money from lower fuel prices and higher prices are a windfall. The feds are presently complaining in the media because the expected taxes from fuel have fallen through lower prices. They are on the prowl to increase taxes on other things, for new taxes and also to reduce services to 'save' money.
It doesn't matter which side you vote for you will always end up with a politician 'representing' you and they can always find more ways to pass more laws and spend your taxes.
Sorry folks, we are all in this together.
-- Edited by johnq on Thursday 15th of January 2015 12:32:29 PM
When you really look at it, it is actually triple taxed - the fixed excise, + the GST, + you're paying for it with dollars that have most probably been income taxed before you even spend them !!!
Agree
This NRMA article rings a bit hollow too.
http://www.mynrma.com.au/blog/2008/04/30/the-diesel-price-rise/