Finance Minister Katy Gallagher has called the Coalition’s planned automatic cut to the fuel excise an “unfunded, uncosted” bad idea, as she reiterated the government was not planning further cuts to the petrol tax.

“If you also look back and see all the other range of promises [the Coalition] have made since the election, there are hundreds of billions of dollars in unfunded promises, and this adds to that list. This is not something that we have been considering,” Gallagher told ABC Radio National this morning.

Gallagher said the government changed the fuel excise immediately following the war in Iran but has shifted to providing more…

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