Boat Loan Finance Online :: 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
The Rise of Non-Bank Lenders in Australian SME Financing
The Rise of Non-Bank Lenders in Australian SME Financing
07 Feb 2026: Paige Estritori
In recent years, Australian small and medium-sized enterprises (SMEs) have increasingly turned to non-bank lenders for their financing needs. This shift is driven by the demand for faster credit decisions and more flexible lending solutions, which traditional banks often struggle to provide. - read more


Bike Loans Articles

Understanding Boat Financing: What You Need to Know Before Buying
Understanding Boat Financing: What You Need to Know Before Buying
Buying a boat is a significant investment, and understanding your financing options is crucial to making an informed decision. Whether you're eyeing a shiny new vessel or considering a seaworthy pre-owned one, each choice comes with its own set of financial implications. Choosing between a new and used boat involves more than just preference; it can significantly impact your financial plan. - read more
Planning Your Boat Maintenance Budget
Planning Your Boat Maintenance Budget
Planning your boat maintenance budget is a crucial step for any boat owner. It ensures that you can keep your vessel in excellent condition without facing unexpected financial burdens. A well-thought-out budget helps manage costs for regular upkeep, repairs, and potential emergencies. - read more
Your First Boat: What to Consider Before Making a Purchase
Your First Boat: What to Consider Before Making a Purchase
Welcome to the thrilling journey of buying your first boat! Owning a boat is a dream for many Australians, offering the promise of sunny adventures and endless horizons. - read more
New vs. Used Boats: A Financial Perspective
New vs. Used Boats: A Financial Perspective
When it comes to buying a boat, choosing between a new and a used one is a significant decision that can impact your finances in multiple ways. A boat is not just a pleasure craft; it's also a considerable investment that requires careful thought and planning. - read more


Free 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
Lien:
A legal claim against a property that must be paid off when the property is sold.