BBC News – Australia · australia
'Out of control' diesel prices threaten Australia's crucial freight industry
2 hours ago
Australia's freight industry faces a crisis as diesel prices double, impacting trucking operators. Owner-operator Aaron Fischer revealed his monthly fuel expenses skyrocketed from A$150,000 to A$300,000 since the war in Iran. The government has announced A$1 billion in interest-free loans, but industry leaders argue it is insufficient to address the urgent financial strain on small carriers.
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Summary by Glance · Original reporting by BBC News – Australia
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