Peter Dutton reveals cost-of-living measures that may 'make a real difference to families'

Navigating the ever-fluctuating landscape of fuel prices can be daunting, especially for seniors on a fixed income.

The cost of living has been a concern that touches all corners of society, and fuel expenses could take a significant bite out of monthly budgets.

Yet, there could be a glimmer of hope on the horizon for those feeling the pinch at the petrol pump.


Liberal leader Peter Dutton MP announced a bold move that could capture the voters' attention.

Dutton promised that fuel excise rates could be slashed by half if elected as Prime Minister.

His proposal was the cornerstone of the Liberals' cost-of-living measures and a direct challenge to the Labor Party to match the commitment.


compressed-Peter Dutton.jpeg
Peter Dutton stated that 2025 is an 'important year' as Australians decide for the country's future direction. Image Credit: Instagram/Peter Dutton


The proposed cut would see a substantial 25-cent reduction in fuel excise for a year.

This cut could bring the rate down from 50.8 cents to 25.4 cents per litre for both petrol and diesel.

'The Coalition is committed to supporting families and businesses and alleviating the cost-of-living pressure that everyone, right across the country, is feeling right now,' Mr Dutton stated.

'If elected, we will halve fuel excise for 12 months. And if elected, we will deliver this cost-of-living relief immediately—whereas people have to wait fifteen months for Labor's 70 cents a day tax tweak.'


'This cost-of-living relief will make a real difference to families and small businesses—everyone from tradies to mums and dads, to older Australians, and to transport delivery workers,' Mr Dutton promised.

The savings for Australian households could be significant.

A single-vehicle household refuelling once a week could pocket an extra $14 weekly.

Over a year, this could add up to around $700 to $750.

For those with two cars, the savings could double to approximately $1500 annually.

'The commute to work, taking the kids to school or sport, the family drive, or the trip to the shops will all cost less under the Coalition,' Mr Dutton emphasised.

The financial implications of this measure could have an estimated cost of $6 billion.

However, Dutton pledged to introduce the legislation for the excise cut on the first sitting day of the next parliament, ensuring that the benefits would be felt as quickly as possible.


This was not the first time a pre-election fuel excise cut has been on the table.

The Morrison Government offered a similar incentive in 2022.

On the other side of the political divide, Labor has outlined its cost-of-living measures, including an extra tax cut of $5 a week for individuals earning more than $45,000 starting next year.

'I understand there's always an appetite for governments to do more,' Treasurer Jim Chalmers stated.

'We've got budget constraints, but it's not the only thing we are doing in cost of living. It goes hand-in-hand with more bulk billing, cheaper medicines.'

The total value of these changes is estimated at $50 a week for the average worker, factoring in a $150 energy rebate.

While the Liberals' fuel excise cut is a headline-grabbing proposal, the cost of Labor's $5-per-week tax cut—amounting to $17 billion by 2030—highlighted the delicate balance between providing immediate relief and ensuring economic stability.

It's crucial for voters, particularly seniors who may feel the financial strain, to weigh the benefits of both parties' offers.
Key Takeaways

  • Peter Dutton promised to halve the fuel excise for 12 months if elected Prime Minister.
  • The Liberal Party's proposal, intended as their major cost-of-living measure, could see a two-car family save approximately $1500 over the year.
  • The fuel excise cut would reduce rates from 50.8 cents to 25.4 cents per litre and would cost the government about $6 billion.
  • This announcement was seen as a challenge to the Labor Party, with Dutton contrasting the immediacy of the fuel excise cut to Labor's planned tax cuts.
We would love to hear your thoughts on this issue. How do you manage your fuel expenses, and what impact would these proposed changes have on your budget? Share your experiences and opinions in the comments below.
 

Seniors Discount Club

Sponsored content

Info
Loading data . . .
l stand by what l have said. Personally l think they are all as bad as each other but a person should be given a change and you must admit Albo has made a mess of everything
He hasn't made a mess of everything, the mess started 12 years ago. Albanese may not be great but Dutton will be a Trump like disaster
 
  • Haha
Reactions: TriggeR2008
He hasn't made a mess of everything, the mess started 12 years ago. Albanese may not be great but Dutton will be a Trump like disaster
Oh come on! What about all these people he has let in all investing buying several houses at a time . Australians forced to live in caravans and on the street while they rent these houses off at exorbitant prices.
They are all the same l know but this Albo must surely be the worst.
What they should do is stop the pensions they get when they retire and just make it the same amount as what we get.
 
  • Like
Reactions: Bridgette Pace
YEs well just remember, Dutton is against Medicare and bulk billing. He did try last time. At least as a pensioner, my electricity bill has been dramatically reduced under labour and my doctor still bulk bills me. Don't think Dutton is to be trusted.
You must be joking, the cost of electricity camre down? You must be privlidged, as you are the only person that I`ve heard claim that their electricity had become cheaper under the current Labour Government.
The TRUTH is that the COST of electricity HAS RISEN SEVERAL TIMES whilst the Labour Government has been in power!!
 
  • Like
Reactions: Bridgette Pace
You must be joking, the cost of electricity camre down? You must be privlidged, as you are the only person that I`ve heard claim that their electricity had become cheaper under the current Labour Government.
The TRUTH is that the COST of electricity HAS RISEN SEVERAL TIMES whilst the Labour Government has been in power!!
Actually, it is not Labour but the individual GPs who decide whether they will bulk bill you or not. My friend is a pensioner and her doctor DOES NOT bulk bill. She used to in the past but has not done so for a long time. My doctor bulk bills me and she is not Labour.

Further, my electricity bill has not been reduced at all in the past 3 years - quite the opposite. I really do think that a lot of people read and listen to all the pr and media rubbish but do not do the fact finding or relevant research themselves to really have a considered opinion about each side's policies. The two party system is what we have - it should be changed. I have the greatest respect for Pauline Hanson because she really says it like it is and yet she is maligned by the media etc. and nearly everyone believes all the garbage they say about her. She really does care about this country and she has never waivered.
 
Oh come on! What about all these people he has let in all investing buying several houses at a time . Australians forced to live in caravans and on the street while they rent these houses off at exorbitant prices.
They are all the same l know but this Albo must surely be the worst.
What they should do is stop the pensions they get when they retire and just make it the same amount as what we get.
The worst are you kidding. Focussing on immigrants doesn't help your argument.
 
You must be joking, the cost of electricity camre down? You must be privlidged, as you are the only person that I`ve heard claim that their electricity had become cheaper under the current Labour Government.
The TRUTH is that the COST of electricity HAS RISEN SEVERAL TIMES whilst the Labour Government has been in power!!
Privatisation, that is the cause of it. Electricity gas water etc Essential services should not be in the hands of profiteers.
 
Actually, it is not Labour but the individual GPs who decide whether they will bulk bill you or not. My friend is a pensioner and her doctor DOES NOT bulk bill. She used to in the past but has not done so for a long time. My doctor bulk bills me and she is not Labour.

Further, my electricity bill has not been reduced at all in the past 3 years - quite the opposite. I really do think that a lot of people read and listen to all the pr and media rubbish but do not do the fact finding or relevant research themselves to really have a considered opinion about each side's policies. The two party system is what we have - it should be changed. I have the greatest respect for Pauline Hanson because she really says it like it is and yet she is maligned by the media etc. and nearly everyone believes all the garbage they say about her. She really does care about this country and she has never waivered.
Please get the name right. It is Labor. Pauline Hanson appeals to people's prejudices, she is not a good person.
 
Please get the name right. It is Labor. Pauline Hanson appeals to people's prejudices, she is not a good person.
Perhaps YOU should get the spelling correctly. Labour is British English and Labor is American English -I am not American! You are entitled to your views about Pauline Hanson which are as incorrect as your understanding of the English language.
 
Perhaps YOU should get the spelling correctly. Labour is British English and Labor is American English -I am not American! You are entitled to your views about Pauline Hanson which are as incorrect as your understanding of the English language.
Has that made your day by being so rude to Jen ?. l don't agree with her but no need to be nasty.
 
Oh come on! What about all these people he has let in all investing buying several houses at a time . Australians forced to live in caravans and on the street while they rent these houses off at exorbitant prices.
They are all the same l know but this Albo must surely be the worst.
What they should do is stop the pensions they get when they retire and just make it the same amount as what we get

Perhaps YOU should get the spelling correctly. Labour is British English and Labor is American English -I am not American! You are entitled to your views about Pauline Hanson which are as incorrect as your understanding of the English language.
That's not the point It has always been spelt Labor unless you can prove otherwise!
 

Join the conversation

News, deals, games, and bargains for Aussies over 60. From everyday expenses like groceries and eating out, to electronics, fashion and travel, the club is all about helping you make your money go further.

Seniors Discount Club

The SDC searches for the best deals, discounts, and bargains for Aussies over 60. From everyday expenses like groceries and eating out, to electronics, fashion and travel, the club is all about helping you make your money go further.
  1. New members
  2. Jokes & fun
  3. Photography
  4. Nostalgia / Yesterday's Australia
  5. Food and Lifestyle
  6. Money Saving Hacks
  7. Offtopic / Everything else
  • We believe that retirement should be a time to relax and enjoy life, not worry about money. That's why we're here to help our members make the most of their retirement years. If you're over 60 and looking for ways to save money, connect with others, and have a laugh, we’d love to have you aboard.
  • Advertise with us

User Menu

Enjoyed Reading our Story?

  • Share this forum to your loved ones.
Change Weather Postcode×
Change Petrol Postcode×