Regional areas will be hit hardest by the price rises, as more fuel is required to transport goods further distances from metropolitan distribution centres.
“The cost of fuel and fertiliser is flowing through the supply chain, and we’re going to see in metro areas probably a 2 or 3 per cent increase across the board,” market analyst and director of Episode 3, Matt Dalgleish, said.
"We’re seeing record prices for diesel, and that’s what most of Australia’s freight runs on.
“In regional areas it could get higher, maybe 10 per cent, depending on how remote the area is and how stretched the supply chain is.”
Welfare advocacy organisations are asking for an increase in income support because unemployment is expected to rise as well the cost of just about everything else. We’ve always got money for military weaponry (for Australia’s protection) but not so the people can eat and have a roof over their heads? Feeding and housing the population is the first priority I’d have thought, of any government particularly in a rich country like ours. You may find this article relevant: https://thepoint.com.au/news/260421-welfare-advocates-push-for-income-support-boost-as-global-turmoil-fuels-unemployment-fears