Summary
Amends the: Customs Tariff Act 1995 and Excise Tariff Act 1921 to: temporarily reduce the excise duty rates and excise-equivalent customs duty rates for fuels, including petrol, diesel and similar petroleum-based products; and provide the Treasurer with the power to determine a fuel duty rate reduction below the 50 per cent reduction that would otherwise apply between 1 April and 30 June 2026; and Fuel Tax Act 2006 to provide the Transport Minister with the power, on a temporary basis, to vary the road user charge for a financial year commencing on 1 July 2025 or 1 July 2026.