Fuel Levy

Explanation of fuel surcharge calculation.

Verbose description of fuel Levy calculation
Base Net fuel price is $0.75 from When FAA started to apply a fuel levy

Mathematical Description of Fuel Levy Calculation
Fuel levy =((((CF/1.1)-CR)-BF)/BF)*0.32

Example for June 2012
Fuel levy =((((1.385/1.1)-0.15043)-0.70)/0.70)*0.32

  • Less gst
  • Less rebate
  • That gets a net price of the current fuel
  • Get the difference in net price
  • Divide the difference by the Base net price to get percentage change from base.
  • Divide the percentage change by fuel factor (32%) to get the fuel levy.
  • BF= 0.75 (Base fuel when FAAstarted applying fuel levy. This is a net value, ex rebate and GST)
  • CF = current fuel (National average diesel price as published by AIP, for each week ending of the previous month divided by number of weeks)
  • CR = diesel fuel current rebate

Fuel Levy Chart 2018/2019

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