THE State Government continues to be very concerned about the effect of ongoing petrol price rises and their impact on everyone in the State, from families to businesses.
THE State Government continues to be very concerned about the effect of ongoing petrol price rises and their impact on everyone in the State, from families to businesses.
It is especially frustrating that, as a State Government, we have very little ability to change what is happening. Petrol pump prices are largely determined by crude oil prices and Commonwealth excise.
At the prevailing crude oil price of around $US31 a barrel, petrol pump prices have been around 99 cents a litre in the city. The breakdown of this shows:
Crude oil cost 33cpl
(at $US31/barrel)
Commonwealth excise 38cpl
(unleaded)
GST 9cpl
Refining cost 9cpl
Marketing and distribution cost 7cpl
Service station margin 3cpl
TOTAL 99cpl
While the States used to tax fuel through fuel franchise fees, a High Court decision in August 1997 found these to be unconstitutional.
That decision effectively removed the ability of individual States to directly influence pump prices.
The Federal excise is increased by the CPI every six months on August 1 and February 1.
JUST as we’ve seen the transformation of parts of East Perth and Subiaco, major developments are set to revitalise the former rail marshalling yards at Midland.
Under a draft concept plan that has been released for public comment, we will spend about $50 million on planning, development and infrastructure for the project which is also expected to attract about $200 million in private investment in the area.
The plan takes in 145ha of the 256ha site and includes the heritage buildings from the former railway workshop operations.
It offers some exciting opportunities for the area over the next 15 years with the potential for about 4000 jobs.
CONGRATULATIONS to Morley shop assistant, 18-year-old Kyssanda Fry, who topped the field of 29 finalists to be Western Australia’s Retail Trainee of the Year in this year’s awards.
It is also great to see that other winners in the various categories of the awards came from all over the State and included a number of regional as well as metropolitan trainees.
REGULARS at some of our local sports venues may have noticed a few extra-fit people around them in the past couple of weeks.
Perth is playing host to athletes from 10 nations in the final weeks before the Olympics and is being treated to some first-class competition as part of the State Government’s Be Active Festival of Sport 2000.
Australia and Pakistan have vied in hockey, and matches featuring international teams are scheduled in soccer, basketball and water polo until September 12.
The Greek Olympic team and the French swimming team are also using Western Australia as their pre-Olympic training site in the 12 days before the Sydney Games.
It is especially frustrating that, as a State Government, we have very little ability to change what is happening. Petrol pump prices are largely determined by crude oil prices and Commonwealth excise.
At the prevailing crude oil price of around $US31 a barrel, petrol pump prices have been around 99 cents a litre in the city. The breakdown of this shows:
Crude oil cost 33cpl
(at $US31/barrel)
Commonwealth excise 38cpl
(unleaded)
GST 9cpl
Refining cost 9cpl
Marketing and distribution cost 7cpl
Service station margin 3cpl
TOTAL 99cpl
While the States used to tax fuel through fuel franchise fees, a High Court decision in August 1997 found these to be unconstitutional.
That decision effectively removed the ability of individual States to directly influence pump prices.
The Federal excise is increased by the CPI every six months on August 1 and February 1.
JUST as we’ve seen the transformation of parts of East Perth and Subiaco, major developments are set to revitalise the former rail marshalling yards at Midland.
Under a draft concept plan that has been released for public comment, we will spend about $50 million on planning, development and infrastructure for the project which is also expected to attract about $200 million in private investment in the area.
The plan takes in 145ha of the 256ha site and includes the heritage buildings from the former railway workshop operations.
It offers some exciting opportunities for the area over the next 15 years with the potential for about 4000 jobs.
CONGRATULATIONS to Morley shop assistant, 18-year-old Kyssanda Fry, who topped the field of 29 finalists to be Western Australia’s Retail Trainee of the Year in this year’s awards.
It is also great to see that other winners in the various categories of the awards came from all over the State and included a number of regional as well as metropolitan trainees.
REGULARS at some of our local sports venues may have noticed a few extra-fit people around them in the past couple of weeks.
Perth is playing host to athletes from 10 nations in the final weeks before the Olympics and is being treated to some first-class competition as part of the State Government’s Be Active Festival of Sport 2000.
Australia and Pakistan have vied in hockey, and matches featuring international teams are scheduled in soccer, basketball and water polo until September 12.
The Greek Olympic team and the French swimming team are also using Western Australia as their pre-Olympic training site in the 12 days before the Sydney Games.
