
SA Leaders Slash Fuel Prices, Boost Public Transport
About this episode
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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Adelaide News Today | 2 Min News | The Daily News Now! — SA Leaders Slash Fuel Prices, Boost Public Transport. Machine-transcribed; use the interactive transcript above to jump the player to any line.
It's April 2nd. This is Adelaide News today, your AI-powered local news. South Australia's premier Peter Malinowskas and other state leaders just locked in a deal to slash fuel prices even more. They're redirecting around $40 million in state GST cash from spiking fuel sales straight back to cut the X-I's by an extra 5.7 cents per liter. This stacks on top of the federal government's 26.3 cent drop that's already rolling out. The move came from a meeting of the Council for the Australian Federation, where they sent a letter to the Prime Minister asking to use up to four $100 million in GST for the June quarter. Malinowskas called it a win for locals, saying it's the quickest way to pump savings back into driver's pockets amid this fuel crunch. Folks are ditching cars for other options with public transport taps up 6% last week. That's about 15,000 extra rides daily on. Buses, trains, and trams. Bike shops are seeing a 136 percent national sales jump, and cycling's picking up even
as days get shorter and cooler. Fuel theft is rising too, with 141 cases statewide last week, versus 122 before, mostly in Metro Adelaide. Unlead its hovering at 229.9 cents per liter, diesel at 298.9 after the latest tax cut, kicked in. State leaders are pushing more perks, like free rides for over 60s, and cheaper fairs for students to ease the pain, while tourism operators grit. Their teeth through cancellations but eye better days ahead as alternatives gain traction.
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