Finance Australia :: News
SHARE

Share this news item!

Australian Trucking Association Challenges Proposed Fuel Tax Hike

Industry Leaders Warn Against Economic Impact of Increased Fuel Taxes

Australian Trucking Association Challenges Proposed Fuel Tax Hike?w=400

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

The Australian Trucking Association (ATA) has strongly opposed the Productivity Commission's proposal to phase out fuel tax credits for trucking operators, a move that would effectively double the fuel tax paid by the industry.
ATA Chair Mark Parry highlighted that such an increase would raise the effective fuel tax from 32.4 cents to 66.1 cents per litre by 2035.

Parry emphasised that the current fuel tax credit system helps reduce freight costs for all Australians, including rural exporters. Eliminating these credits would not only increase operational expenses for trucking businesses but also lead to higher prices for consumers, exacerbating existing financial pressures.

The ATA's 2026-27 pre-budget submission urges the government to reject the proposed changes, arguing that the additional tax burden could have far-reaching consequences for the economy, particularly in sectors reliant on affordable freight services.

As the debate continues, stakeholders are encouraged to consider the broader implications of such tax reforms on the trucking industry and the Australian economy at large.

Published:Monday, 9th Feb 2026
Source: Paige Estritori

Please Note: If this information affects you, seek advice from a licensed professional.

Share this news item:

Finance News

Australian Trucking Association Challenges Proposed Fuel Tax Hike
Australian Trucking Association Challenges Proposed Fuel Tax Hike
09 Feb 2026: Paige Estritori
The Australian Trucking Association (ATA) has strongly opposed the Productivity Commission's proposal to phase out fuel tax credits for trucking operators, a move that would effectively double the fuel tax paid by the industry. ATA Chair Mark Parry highlighted that such an increase would raise the effective fuel tax from 32.4 cents to 66.1 cents per litre by 2035. - read more
Australia's First Major Electric Truck Charging Hub Set for Melbourne
Australia's First Major Electric Truck Charging Hub Set for Melbourne
09 Feb 2026: Paige Estritori
In a landmark development for Australia's freight industry, energy company Mondo, with support from the Australian Renewable Energy Agency (ARENA), is set to establish the nation's first major electric truck charging hub in Melbourne's Laverton North. The project, slated for completion by late 2026, represents a significant step towards reducing emissions in road freight. - read more
Australian Managed Funds Experience Significant Growth in 2025
Australian Managed Funds Experience Significant Growth in 2025
07 Feb 2026: Paige Estritori
In 2025, Australian managed funds experienced a substantial increase of $35.9 billion, as reported by Calastone. This growth was primarily driven by investors seeking stability through fixed income strategies amidst global economic uncertainties. - read more


Finance Articles

The Role of Business Insurance in Protecting Your Australian Enterprise
The Role of Business Insurance in Protecting Your Australian Enterprise
Starting and running a business in Australia can be an exhilarating experience, full of opportunities for growth and success. However, it also comes with its fair share of risks and uncertainties. From unexpected natural disasters to potential legal disputes, the threats to the sustainability of a business are ever-present. This is where business insurance becomes pivotal as a protective tool for Australian enterprises. It provides the much-needed safety net to help businesses mitigate potential losses and continue operations with confidence. - read more
The Ultimate Cheat Sheet for Aussie Borrowers: Top Loan Comparison Strategies
The Ultimate Cheat Sheet for Aussie Borrowers: Top Loan Comparison Strategies
In the dynamic world of Australian finance, securing a loan can be a pivotal move for individuals seeking to achieve their financial goals. Whether it's for purchasing a dream home, expanding a business, or simply consolidating debt, the importance of smart loan comparison cannot be overstated. With an array of lending products available, borrowers are often faced with a bewildering choice. That's why equipping yourself with powerful loan comparison strategies is not just important, it's essential. - read more
Essential Tips for Choosing the Right Personal Loan in Australia
Essential Tips for Choosing the Right Personal Loan in Australia
Personal loans are a type of financing option that individuals can use to fund various personal expenses. Unlike mortgages or car loans, they aren't earmarked for a specific purpose, giving borrowers more flexibility in how they use the funds. These loans are usually unsecured, which means you don’t have to provide collateral to borrow money. - read more


Free Loan Eligibility Assessment

Loan Amount:
Postcode:

All quotes are provided free and without obligation by a specialist from our national broker referral panel. See our privacy statement for more details.


Knowledgebase
Leverage:
The use of borrowed funds to increase the potential return of an investment, but which also increases potential risk.