Calls grow to hike taxes on fossil fuels to pay down debt

By : ABC NEWS (Australia)

Published On: 2024-04-26

2.5K Views

01:52

There is a call for the government to hike taxes on fossil fuels to pay down the spiralling student HECS debt. Struggling students and graduates are about to be hit by a 4.8 percent hike on their loans thanks to indexation. All eyes are now on the may budget with Labor admitting it needs to do more to help young people saddled with a growing debt at the start of their working lives.

Watch More videos From ABC NEWS (Australia) Channel
Six politicians targeted by hacking group linked to Chinese government in 2021
play
02:48

Six politicians targeted by hacking grou
WA premier not treating knife attack as terrorist act
play
04:11

WA premier not treating knife attack as

Real estate agents to report suspicious transactions amid money laundering crackdown
play
02:26

Real estate agents to report suspicious

Submarine workers strike over pay
play
02:25

Submarine workers strike over pay
Girls encouraged to be leaders in new entrepreneurial program
play
03:16

Girls encouraged to be leaders in new en
Indigenous health centre calls for more support amid funding struggles
play
01:43

Indigenous health centre calls for more

Prestigious private school suspends students over 'sexist' list ranking girls' appearances
play
02:39

Prestigious private school suspends stud
Public sector workers to receive ten days of reproductive health leave
play
01:27

Public sector workers to receive ten day
University students to receive financial support for unpaid placements
play
03:07

University students to receive financial
Qantas reaches settlement over cancelled flights
play
02:34

Qantas reaches settlement over cancelled
SA government confident Labor can fix state's worsening ambulance ramping crisis
play
03:50

SA government confident Labor can fix st
Women with disabilities fear they'll be excluded in government's domestic violence package
play
01:51

Women with disabilities fear they'll be

Tasmanian doctors concerned over string of GP closures
play
01:38

Tasmanian doctors concerned over string

'Radicalised' teenage boy shot dead by WA Police after stabbing
play
02:20

'Radicalised' teenage boy shot dead by W
Man, woman charged with murder after allegedly torturing man at rural property
play
01:24

Man, woman charged with murder after all
Police search for two suspects after fatal brawl
play
01:49

Police search for two suspects after fat
NSW triples fine for taxi drivers who refuse passengers with guide dogs
play
01:41

NSW triples fine for taxi drivers who re
Investigation continues of bodies found in area where Australian brothers went missing in Mexico, awaiting formal identification
play
01:49

Investigation continues of bodies found

Indexation changes to wipe $3 billion from student loans
play
01:40

Indexation changes to wipe $3 billion fr
Man and woman charged with murder, torture over incident in Mount Mee, north of Brisbane
play
01:05

Man and woman charged with murder, tortu
Load More Videos From ABC NEWS (Australia)

Trending Videos - 6 May, 2024

Bangladesh

China

India

United Kingdom

RELATED VIDEOS
UN chief urges taxes on fossil fuels to fund climate, food price relief
play
00:35

UN chief urges taxes on fossil fuels to fund climate, food price relief
Africa Climate Summit:
play
04:18

Africa Climate Summit: "Focus on Global Carbon Taxes on Fossil Fuels"
IMF's Lagarde calls for 'wise' taxes to foster greener fuels
play
00:50

IMF's Lagarde calls for 'wise' taxes to foster greener fuels
And they will use that power to cut taxes for wealthy people, strip health care from poor people and turn climate policy over to the fossil fuel industry until someone else checks
play
02:36

And they will use that power to cut taxes for wealthy people, strip health care from poor people and turn climate policy over to the fossil fuel industry until someone else checks
Fossil Fuels _ How are Fossil Fuels Formed _ Fossil Fuels Uses _ Burning of Foss
play
06:37

Fossil Fuels _ How are Fossil Fuels Formed _ Fossil Fuels Uses _ Burning of Foss
Petrol, diesel prices to risein Bangalore as Karnataka state govt hikes fuel taxes
play
10:34

Petrol, diesel prices to risein Bangalore as Karnataka state govt hikes fuel taxes
Know how fuel taxes are calculated that contribute to price hike
play
05:53

Know how fuel taxes are calculated that contribute to price hike
Fuel Price Hikes: Government must withdraw some taxes to cushion consumers - Bawa -AM Talk (17-2-22)
play
24:15

Fuel Price Hikes: Government must withdraw some taxes to cushion consumers - Bawa -AM Talk (17-2-22)
New year, more taxes: Last fuel hike under TRAIN takes effect
play
00:48

New year, more taxes: Last fuel hike under TRAIN takes effect
Fuel Price Hike: Centre Govt May Cut Taxes On Petrol, Diesel పెట్రోల్, డీజిల్‌లపై ట్యాక్స్ తగ్గింపు!
play
02:51

Fuel Price Hike: Centre Govt May Cut Taxes On Petrol, Diesel పెట్రోల్, డీజిల్‌లపై ట్యాక్స్ తగ్గింపు!
Dr M: Govt mulling new taxes to pay debts that turned M'sia into a 'small kitten'
play
04:11

Dr M: Govt mulling new taxes to pay debts that turned M'sia into a 'small kitten'
Dr M: Govt mulling new taxes to pay debts that turned M'sia into a 'small kitten'
play
04:11

Dr M: Govt mulling new taxes to pay debts that turned M'sia into a 'small kitten'
Do I Have to Pay Taxes on IRS Cancellation of Debt Income, from the Taxpayer Advocate Service
play
04:04

Do I Have to Pay Taxes on IRS Cancellation of Debt Income, from the Taxpayer Advocate Service
When You Can't Pay Your Taxes or Tax Debt
play
02:24

When You Can't Pay Your Taxes or Tax Debt
New taxes eyed to pay near ₱13T debt | The Exchange
play
27:50

New taxes eyed to pay near ₱13T debt | The Exchange

Recent Search - May 6, 2024

Australia shark attack victimSindjelici 720PMiddle East Crisis: Airstrikesserija mile protiv traticijeRaja montero pinoyKARA SEVDA EPISODI 220od jutra do sutra 129Dai Trach Mon 2001 大宅門 05 HDIGRA SUDBINE SERIJAL 05 epizCarrusel capitulo 204Saras y kumud capitulo 3Biden suggests Israel should �Blinken calls proposed Israeli甘味人生 270 dailymotionAmsterdam bans construction of