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The main fuel tax in Australia is an excise tax, to which Goods and Services Tax ("GST") is added. Both taxes are levied by the federal government. Both taxes are levied by the federal government. In Australia the GST (currently 10%) is applied on top of the fuel excise tax.
The main product of the Fischer–Tropsch process, synthetic crude oil, requires additional refining to produce fuel products such as diesel fuel or gasoline. This refining typically adds additional costs, causing some industry leaders to label the economics of commercial-scale Fischer–Tropsch processes as challenging.
Commodity Value (A$ million) % share of exports 1: Iron ores & concentrates: 61,357: 15.2 2: Coal: 60,356: 15.0 3: Education [a]: 32,434: 8.0 4: Natural gas: 30,907: ...
The Kurnell Refinery was closed in 2014 and was converted into a fuel import terminal. [ 13 ] [ 14 ] [ 15 ] The Kwinana refinery closed in 2021, while the Altona refinery is in the final stages of closing down as of October 2022 [update] , with both refineries also being converted to fuel import terminals.
This is a table of notable Australian exchange-traded funds, ... Nasdaq Global ex-Australia Banks Hedged AUD Index AUS 0.57 FUEL ... Australian Dollar AUS 1.38 AUST
Dallas Fort Worth International Airport is among the first major hubs to convert yesterday’s french fries to tomorrow’s jet fuel, in a super-sized effort to
However, with the introduction of the Fuel Tax Bill, grants and subsidies for using biodiesel have been cut leaving the public to continue using diesel instead. [23] The grants were cut by up to 50% by 2010–2014. Previously the grants given to users of ethanol-based biofuels were $0.38 per litre, which were reduced to $0.19 in 2010–2014 ...
The Australian dollar (sign: $; code: AUD; also abbreviated A$ or sometimes AU$ to distinguish it from other dollar-denominated currencies; [2] [3] and also referred to as the dollar or Aussie dollar) is the official currency and legal tender of Australia, including all of its external territories, and three independent sovereign Pacific Island states: Kiribati, Nauru, and Tuvalu.