Senate debates

Thursday, 22 June 2006

Fuel Tax Bill 2006; Fuel Tax (Consequential and Transitional Provisions) Bill 2006

In Committee

8:27 pm

Photo of Richard ColbeckRichard Colbeck (Tasmania, Liberal Party, Parliamentary Secretary to the Minister for Finance and Administration) Share this | Hansard source

Senator Allison, that is not correct. The only reason that it nets out to having no excise is because it has received a diesel fuel rebate. That is the difference. It does attract excise, and that excise is rebated through the Diesel Fuel Rebate Scheme, and so it nets out. What you are talking about are two products that have different prices. You are seeing the differential of those net prices in the end figures that you are talking about.

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