Truckies warn of empty shelves and 'imminent' supply chain collapse due to 'disastrous' tax cut that was supposed to help Aussies
Over 50 per cent of trucking companies face bankruptcy because of fuel tax cut
Food and produce trucks will soon be forced off the road, industry body warns
Trucking companies want the Albanese government to bring back the fuel credit
Truckies are warning of an 'imminent collapse' to the nation's supply chain, claiming the fuel excise cut, that was supposed to ease the cost of living for Aussies, will force them off the road.
Former prime minister Scott Morrison made the decision to halve Australia's fuel excise tax back in March after Russia's invasion of Ukraine forced petrol prices through the roof.
While the tax cut was good for Aussies filling up at the pump, it's been 'disastrous' for truck companies, who were forced to shoulder most of the cost and saw their petrol discount taken away.
Truck drivers only see a 4.3 cent cut per litre in their diesel bills compared to the 22.1 cent cut enjoyed by the rest of the population.
https://www.dailymail.co.uk/news/article-10866683/Truck-companies-warn-national-supply-chain-collapse-fuel-tax-cut-forces-bankruptcy.html