We calculated how much Dutton’s excise cut would save you on fuel – and few will save as much as promised

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The opposition has unveiled its response to Labor’s A$17 billion “top-up” tax cuts outlined in Tuesday night’s federal budget: cheaper fuel for Australians.

Opposition Leader Peter Dutton will take to the election a policy to halve the fuel excise for 12 months. It would drop from 50.8 cents a litre to 25.4 cents, costing the government $6 billion.