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Wednesday, 12 September 1984
Page: 1088

To the Honourable the Speaker and Members of the House of Representatives in Parliament assembled: The humble petition of certain elected representatives and officers of Local Authorities in Australia shows considerable concern that the Australian Bicentennial Road Development Program levy, at 2 cents per litre on petrol and diesel, was indexed in the 1984 Budget, but that funds raised from indexation of the levy will go into consolidated revenue, and not specifically into expenditure on road funds.

It has been estimated that indexation of the levy will raise $491 million over the next six years to 1988/89, of which local government could have expected to receive $58 million.

This is a further denial of funds to local government, following $13 million lost this year from Personal Income Tax Sharing entitlements.

Your petitioners therefore humbly pray that the Government will amend the Australian Bicentennial Road Development Trust Fund Act, such that funds raised through indexation of the levy will be placed in the Trust Fund, and used for much needed road construction work.

And your petitioners as in duty bound will ever pray.

by .