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Shaw Says Fuel Tax Increase Will Not Affect Taxi Fares and Light Bills

first_imgFacebookTwitterWhatsAppEmail Minister of Finance and the Public Service, Audley Shaw, has said that taxi fares, electricity bills, cooking gas and fuel used by the bauxite and aviation sectors should not be affected by the increase in the Special Consumption Tax on petrol he announced on Thursday.“We do not anticipate and expect that they will seek to increase taxi fares,” Mr. Shaw said of the taxi operators.He pointed out that when the operators received the last increase, in 2008, it was based on a petrol price of US$140 per barrel, as against the current price of US$45 per barrel.He added that during the period of the reduction of fuel prices, the industry did not pass on any of the savings to the travelling public, and were now being called on to absorb the increase resulting from the tax.“It is fair, it is a reasonable position, nobody asked them to give back anything as a result of the drastic decrease in the prices of fuel, and so it is only fair and reasonable that we should ask them to hold strain,” the minister said.“The tax on fuel does affect electricity, it does not affect the bauxite industry, it does not affect the aviation industry and it does not affect liquid petroleum gas(LPG) industry, I want to make that point,” Mr. Shaw said.The fuel tax will have only a nominal impact on the inflation rate, somewhere in the region of a one percentage point, he said.Mr. Shaw was speaking at a Post Budget Briefing today (April 24), at his Ministry, Heroes Circle Offices, Kingston, which followed his opening Budget Debate presentation in the House of Representatives on Thursday(April 23).On Thursday, he had announced an increase in the Special Consumption Tax on fuel of $8.75 per litre and, among other things: doubling the current income tax threshold; increasing the threshold for pensioners; reductions in Transfer Tax and Stamp Duty; broadening of the General Consumption Tax(GCT) tax base and a reduction in the number of exempted items; and a consolidation of statutory deductions.He said that the reduction in the Transfer Tax and Stamp Duty was done to stimulate the real estate market.“It is a significant move and it is a deliberate policy of the government, it’s more in line with international standards in terms of transactional cost, but most importantly it is meant to be part of a stimulus package for encouraging more aggressive investment in the real estate industry,” Mr. Shaw said.He also appealed to vendors and purchasers to stop the “undervaluation” of properties.“Stop it. You don’t need to under value your property anymore. I don’t want split contracts; we don’t want a contract that is split in two to avoid taxation,” Mr. Shaw said.He also asked persons to stop abusing the General Consumption Tax (GCT) law. He said that there were too many companies collecting GCT and using it for operational expenses, instead of passing it on to the Government.“I am sending a message to businesses that are collecting money from the public to be remitted to the Government: Stop using it as working capital. It is not provided for working capital, it is for the running of the country, and I intend to begin to exercise the powers under the General Consumption Tax Act against those offending companies,” he warned. RelatedShaw Says Fuel Tax Increase Will Not Affect Taxi Fares and Light Bills RelatedShaw Says Fuel Tax Increase Will Not Affect Taxi Fares and Light Bills Shaw Says Fuel Tax Increase Will Not Affect Taxi Fares and Light Bills Finance & Public ServiceApril 24, 2009center_img RelatedShaw Says Fuel Tax Increase Will Not Affect Taxi Fares and Light Bills Advertisementslast_img read more


BOM return welcome: Hill

first_imgBOM return welcome: Hill Mayor Jenny Hill has welcomed today’s announcement that locally-focused meteorologists will again be based in Townsville to support the local community before and during natural disasters.Media reports today indicate that the Bureau of Meteorology (BOM) will employ six new staff for its Townsville office.Cr Hill said not having locally-focused meteorologists based in Townsville was a risk for the community. Meteorologists focused exclusively on providing advice to the ADF have remained in Townsville.“Not having meteorologists that the community could access left local communities like Townsville, Ingham and the Burdekin dangerously exposed, especially during natural disasters,” Cr Hill said.“Townsville City Council has continually lobbied, in the face of opposition from some in the community, for these services to be returned and we rallied the community behind this important cause.“I acknowledge the efforts of other mayors across North Queensland, the State Government and the community in lobbying the Australian Government to restore meteorological services in Townsville.“With the wet season only six months away, I hope these promised new staff will be brought on board as soon as possible in advance of any natural disasters that may come our way.”Cr Hill said she looked forward to receiving a full briefing from representatives of the BOM and the Australian Climate Service as soon as possible.“I want to fully understand the work that the Australian Climate Service will be undertaking and what services they will provide.” /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:ADF, Australia, Australian, Australian Government, Bureau of Meteorology, climate, community, council, Government, Ingham, Media, QLD, Queensland, season, Townsville, Townsville City Councillast_img read more