The revenue from fuel excise is falling but it’s not only because of EVs, which make up less than 2% of cars on the roads
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Every time a driver puts 10 litres of fuel in their car, they’re paying about $5 in tax that goes to the federal government.
That is, of course, unless they drive an electric vehicle. No petrol or diesel being bought means the government loses that 51c per litre.
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