Fed Govt warns electric cars will hit its bottom line by driving a fall in fuel excise revenue


The Turnbull Government is preparing to drive a new debate over how roads are funded in Australia, with the revenue collected from fuel excise expected to shrink in coming years. Right now motorists pay almost 40 cents a litre in tax, delivering close to a $11 billion dollars a year to the Treasury. But with electric cars set to become a lot more common, the Government is looking at how to make them pay their way.