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RAAA and the CASA excess from the fuel excise

The Australian exposes the difference to an excess that CASA has had resulting in a $12m “profit” to CASA, despite serious falls in pilot numbers.

The article from The Australian and Steve Creedy

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Review call as excise fuels CASA surplus

THE Regional Aviation Association of Australia will ask the federal government to review the level of aviation fuel excise after discovering the Civil Aviation Safety Authority made a $12 million operating surplus last financial year.

The operating profit, on an annual income of $184.4m, was revealed in CASA’s annual report and came after a loss the previous year of $1.8m. It was $5.9m more than the original estimates for the year and fuel excise for the year was $121m.

RAAA chairman Jeff Boyd said CASA had lobbied to get the fuel levy increased, arguing it was needed for a bigger safety program.

“And then they turn around and make a $12m profit,” he said. “That doesn’t work for me.”

Mr Boyd said one of the contributing factors to a slowdown in aviation in Australia, particularly in general aviation, was the price of fuel. He said there had been a strong reaction from regional airlines to the news of the operating surplus.

“They insisted that we needed a higher fuel levy to cover extra safety staff to do their job and then they turn around and brag about a $12m profit,” he said. “It’s just bizarre.”

A government source said the Australian Taxation Office set the excise rate, which was 8.869c per litre for avgas and 9.835c per litre for avtur.

CASA receives 3.556c per litre.

The source said the accumulated surpluses could be used when there are revenue shocks because of events such as SARS and the Bali bombings.

Review call as excise fuels CASA surplus

THE Regional Aviation Association of Australia will ask the federal government to review the level of aviation fuel excise after discovering the Civil Aviation Safety Authority made a $12 million operating surplus last financial year.

The operating profit, on an annual income of $184.4m, was revealed in CASA’s annual report and came after a loss the previous year of $1.8m. It was $5.9m more than the original estimates for the year and fuel excise for the year was $121m.

RAAA chairman Jeff Boyd said CASA had lobbied to get the fuel levy increased, arguing it was needed for a bigger safety program.

“And then they turn around and make a $12m profit,” he said. “That doesn’t work for me.”

Mr Boyd said one of the contributing factors to a slowdown in aviation in Australia, particularly in general aviation, was the price of fuel. He said there had been a strong reaction from regional airlines to the news of the operating surplus.

“They insisted that we needed a higher fuel levy to cover extra safety staff to do their job and then they turn around and brag about a $12m profit,” he said. “It’s just bizarre.”

A government source said the Australian Taxation Office set the excise rate, which was 8.869c per litre for avgas and 9.835c per litre for avtur.

CASA receives 3.556c per litre.

The source said the accumulated surpluses could be used when there are revenue shocks because of events such as SARS and the Bali bombings.

 

– See more at: http://www.theaustralian.com.au/business/aviation/review-call-as-excise-fuels-casa-surplus/story-e6frg95x-1226770736214#sthash.eLAOrWnz.dpuf

Review call as excise fuels CASA surplus

THE Regional Aviation Association of Australia will ask the federal government to review the level of aviation fuel excise after discovering the Civil Aviation Safety Authority made a $12 million operating surplus last financial year.

The operating profit, on an annual income of $184.4m, was revealed in CASA’s annual report and came after a loss the previous year of $1.8m. It was $5.9m more than the original estimates for the year and fuel excise for the year was $121m.

RAAA chairman Jeff Boyd said CASA had lobbied to get the fuel levy increased, arguing it was needed for a bigger safety program.

“And then they turn around and make a $12m profit,” he said. “That doesn’t work for me.”

Mr Boyd said one of the contributing factors to a slowdown in aviation in Australia, particularly in general aviation, was the price of fuel. He said there had been a strong reaction from regional airlines to the news of the operating surplus.

“They insisted that we needed a higher fuel levy to cover extra safety staff to do their job and then they turn around and brag about a $12m profit,” he said. “It’s just bizarre.”

A government source said the Australian Taxation Office set the excise rate, which was 8.869c per litre for avgas and 9.835c per litre for avtur.

CASA receives 3.556c per litre.

The source said the accumulated surpluses could be used when there are revenue shocks because of events such as SARS and the Bali bombings.

– See more at: http://www.theaustralian.com.au/business/aviation/review-call-as-excise-fuels-casa-surplus/story-e6frg95x-1226770736214#sthash.eLAOrWnz.dpu

THE Regional Aviation Association of Australia will ask the federal government to review the level of aviation fuel excise after discovering the Civil Aviation Safety Authority made a $12 million operating surplus last financial year.

The operating profit, on an annual income of $184.4m, was revealed in CASA’s annual report and came after a loss the previous year of $1.8m. It was $5.9m more than the original estimates for the year and fuel excise for the year was $121m.

– See more at: http://www.theaustralian.com.au/business/aviation/review-call-as-excise-fuels-casa-surplus/story-e6frg95x-1226770736214#sthash.09OCnpAJ.dpuf

Review call as excise fuels CASA surplus

THE Regional Aviation Association of Australia will ask the federal government to review the level of aviation fuel excise after discovering the Civil Aviation Safety Authority made a $12 million operating surplus last financial year.

The operating profit, on an annual income of $184.4m, was revealed in CASA’s annual report and came after a loss the previous year of $1.8m. It was $5.9m more than the original estimates for the year and fuel excise for the year was $121m.

RAAA chairman Jeff Boyd said CASA had lobbied to get the fuel levy increased, arguing it was needed for a bigger safety program.

“And then they turn around and make a $12m profit,” he said. “That doesn’t work for me.”

Mr Boyd said one of the contributing factors to a slowdown in aviation in Australia, particularly in general aviation, was the price of fuel. He said there had been a strong reaction from regional airlines to the news of the operating surplus.

“They insisted that we needed a higher fuel levy to cover extra safety staff to do their job and then they turn around and brag about a $12m profit,” he said. “It’s just bizarre.”

A government source said the Australian Taxation Office set the excise rate, which was 8.869c per litre for avgas and 9.835c per litre for avtur.

CASA receives 3.556c per litre.

The source said the accumulated surpluses could be used when there are revenue shocks because of events such as SARS and the Bali bombings.

 

– See more at: http://www.theaustralian.com.au/business/aviation/review-call-as-excise-fuels-casa-surplus/story-e6frg95x-1226770736214#sthash.eLAOrWnz.dpuf