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Australia’s small and medium businesses are facing a sharp increase in cost pressures as geopolitical tensions in the Middle East drive volatility in global…
Peak body Road Freight NSW (RFNSW) has warned that escalating hostilities in the Middle East are continuing to drive-up petrol and diesel prices across Australia and today called on the Albanese Government to ensure adequate, consistent fuel supply for freight operators. RFNSW Chief Executive Officer Simon O’Hara said any sustained rise in global oil prices would lead to higher prices at the bowser, increasing the cost of transporting groceries, pharmaceuticals, construction materials, agriculture and other essential goods. “Diesel is the life blood of the freight industry and is by far, the biggest operating cost for trucking operators, who move the…
As the United States and Israel’s attack on Iran continues to plunge the region into chaos, oil andgas prices are skyrocketing. The inflationary impact will be felt in key sectors like transport andlogistics, agriculture and mining, with consumers invariably paying the price. The AustralianElectric Vehicle Association (AEVA) was formed under near-identical circumstances, following theYom Kippur war of 1973. Independence from liquid fossil fuels is an energy security priority. “EVs have always been about fuel security” said AEVA National President, James Pickering.“53years ago, AEVA was formed by a team of scientists, engineers, energy and transport professionals,and ordinary Australians; all with the…
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