Australia reduces fuel taxes amid jump in oil prices

The government estimates that the measure will cost 2.55 billion Australian dollars (US$1.75 billion) over the next three months

Australia announced this Monday (30) the reduction in half of taxes on gasoline and diesel and removed a tax on heavy vehicles to combat the impacts of the spike in oil prices since the start of the war in the Middle East at the end of February.

The government estimates that the measure will cost 2.55 billion Australian dollars (US$1.75 billion) over the next three months.

The State of Tasmania made public transport free this Monday to reduce the use of private vehicles.

The State of Victoria will do the same on Wednesday, April 1st.

Fonte: Associated Press.

*Content translated with the help of Artificial Intelligence, reviewed and edited by the Editorial Team BroadcastGrupo Estado’s real-time news system.