Lyn Allison (Victoria, Australian Democrats) Share this | Hansard source

The minister talked earlier about on-road use of diesel and we worked through the figures. I wonder if we can do the same thing for off-road diesel and biodiesel, assuming 100 per cent biodiesel so we do not get mixed up in excise questions. For off-road use, let us say for the sake of argument that 100 per cent biodiesel has a selling price of $1.40, or $1.27 excluding GST. There is no Energy Grants Credit Scheme rebate, because it is off-road use. Can you confirm that? There are no other adjustments, so the selling price would be $1.27 for that biodiesel if it started its life at $1.40. If we look at diesel in exactly the same circumstances, if the selling price was $1.40, or $1.27 excluding GST, for off-road use diesel would receive a fuel tax credit of 38c a litre. Is that correct?