Article 74FZ3 Australians can expect high fuel costs to linger for far longer than the war in Iran

Australians can expect high fuel costs to linger for far longer than the war in Iran

by
Patrick Commins Economics editor
from on (#74FZ3)

Rising inflation and unemployment mean effects of Iran war could be even worse than the post-Covid cost-of-living crisis

As diesel prices make history by passing $3 a litre in nearly every capital city around the country, the stresses of high fuel costs are beginning to show.

Truckies are warning they will go out of business if they can't renegotiate their contracts with customers; farmers are warning the same, telling families that food in our supermarkets could soon cost more.

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