Carbon price to cost trucking industry $500m

The trucking industry wants to stay protected from Australia’s carbon price legislation beyond 2014. Under current plans, fuel used by trucks on Australia’s roads is not subject to the carbon price until middle of next year.

That is when the Labor government’s legislation will reduce the fuel tax credits trucking operators can claim. Australian Trucking Association chairman David Simon has said the planned reduction of about seven cents a litre amounts to a 27 per cent increase in the fuel impost.

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