A 50 per cent reduction in fuel excise for the next six months is one of the most important measures to come out of the Federal Budget.

Global uncertainty caused by the war in Ukraine has pushed fuel prices to unprecedented levels, causing financial pain for all Queensland residents and businesses.

Clearly, something had to be done to address this problem, and I’m delighted to say that an LNP Government in Canberra has taken the action it has.  

The excise on petrol and diesel will be cut from 44.2 cents per litre to 22.1 cents per litre and will be reflected at the bowsers as retailers replenish their stocks. Fuel is now going to cost everyone less. 

Wright is a big and diverse electorate, with many rural homeowners having to travel greater distances in their daily lives than their city cousins, so they will particularly welcome the benefits of the cut in fuel excise.

A family with two cars filling up once a week could save around $30 a week or around $700 over the next six months. 

Whether you’re dropping the kids at school, driving to and from work, or visiting family and friends, fuel is going to be cheaper.

Importantly, this temporary reduction in fuel excise will not come at a cost to road funding, which will see more than $12 billion spent in Australia over the coming year.

MAKING MEDICINES MORE AFFORDABLE 
Australians will have cheaper access to treatments for high cholesterol, heart failure and high blood pressure, ensuring they can continue to access the medicines they need when they need them.

As part of the Morrison Government’s Pharmaceutical Benefits Scheme Price Disclosure Policy, hundreds of thousands of Australians will now pay less for 21 medicines sold under more than 130 different brand names. 

From 1 April, medicines treating common conditions that will be cheaper for general (non-concessional) patients include:
- nebivolol – for the treatment of moderate to severe heart failure will be up to $5.14 cheaper per prescription (a saving of up to 12.09 per cent)
- ezetimibe – for the treatment of high cholesterol, will be up to $1.39 cheaper per prescription (a saving of up to 6.21 per cent), and
- Moxonidine – for the treatment of high blood pressure, will be up to $1.27 cheaper per prescription (a saving of up to 5.35 per cent).