Inflation, Supply Chain Problems Coming Soon: Truckers Warn New Tax Regime Will Have Consequences

Big government entrenched by latest budget

A shopper holds money to make a purchase of fruit and vegetable produce at Paddy's Market in Sydney, Australia on Oct. 22, 2022. Lisa Maree Williams/Getty Images

Truckers are the latest group to hit back at the federal Australian Labor government after it raised a bevy of new taxes to offset welfare and net-zero spending in its latest budget.

From July 1, the federal government will increase the Heavy Vehicle Road User Charge to six percent each year, according to a communique from the Infrastructure and Transport Ministers’ Meeting on May 8.