SA Leaders Slash Fuel Prices, Boost Public Transport
Adelaide News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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South Australian Premier Peter Malinauskas and other state leaders have secured a deal to further reduce fuel prices. They plan to redirect $40 million in state GST funds from fuel sales to cut excise by an additional 5.7 cents per liter, on top of the federal governments 26.3 cent reduction. This move comes after a meeting of the Council for the Australian Federation, where they requested up to $400 million in GST for the June quarter. The fuel price drop is expected to benefit drivers amid the current fuel crisis. Public transport usage has increased by 6% with an additional 15,000 daily rides on buses, trains, and trams. Bike sales have surged by 136% nationwide, and cycling has become more popular despite shorter, cooler days. However, fuel theft has also risen, with 141 cases reported last week compared to 122 previously. Unleaded fuel currently costs $2.299 per liter, and diesel is $2.989 after the latest tax cut. State leaders are offering additional incentives like free rides for seniors and discounted fares for students to alleviate the financial burden, while tourism operators brace for cancellations but remain optimistic about the future as alternative transportation options gain traction.
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