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.”

    • vas@lemmy.ml
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      4 hours ago

      Well Iran is building nuclear bombs. And its 90 or so million of people are under a dictatorship (though Trump only makes it worse). It’s not honest to wave these factors away.

      • Hanrahan@slrpnk.net
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        3 hours ago

        the nuclear weapons Trump said were all destroyed… on multiple occasions ?

        so the only religious fuckbaggery country in the middle east that can have nuckear weapons is Israel ?

        as an aside, so has China… that aside, Iran has already hardened their stance and has said there is no peace plan where they give up their nuclear plans and the two things that have been made clear to Iran amongst all this stupidity is 1. they need nuclear weapons for MAD defence AND they control the Strait of Hormuz.

        It’s not honest to wave these factors away.

        It’s not honest to raise them because they are Furphies.

  • Zagorath@aussie.zone
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    13 hours ago

    Welp, time to hoard milk and bread I guess.


    I honestly think articles like this are irresponsible reporting because they create panic and invite precisely the kind of hoarding that will make the problem more likely to occur.

    • arbilp3@aussie.zoneOP
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      12 hours ago

      It’s important to be informed about what is happening so that we can hold our politicians accountable in advance and ask them "What are you going to do about this? How are you going to help the most vulnerable? When are you going to take such measures?

  • Taleya@aussie.zone
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    12 hours ago

    heavens fucking forfend the supermarkets dint their profits slightly absorbing an increase in operating costs.

    • MalReynolds@slrpnk.net
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      11 hours ago

      Thankfully just in time procurement let’s them keep the line going up without having to pay undue warehousing costs (instead passing storage and transport on to consumers, seeing as it’s in our best interest to hoard due to ‘supply chain issues’, [go for tinned], you knew about that right?) /s

      Thus making us fragile to disruptions like this (see also offshoring petroleum refining [as much as I hate fossil fuels, if Australia exports more crude than it uses, shouldn’t we be immune to this shit, but no globalisation means it’s cheaper to refine overseas due to low labour cost]).

      Labor, one term of going full throttle on locally making solar cells and batteries (we have all the raw materials, [steal or buy, IDC, but I’d like steal better, China’d do us ] the processing tech ) and you’ll get 3 terms with the Greens and electorate backing you.

    • teft@piefed.social
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      11 hours ago

      I’m not australian but i did work for a food wholesaler. Supermarkets operate on razor thin margins. Usually between 0.5 and 2% margin. Absorbing costs will cause them to go out of business.

      • Taleya@aussie.zone
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        10 hours ago

        As a non-australian you might wanna google “Colesworth”

        EBIT margins alone are roughly 5–6% but those two cunts are ranked amongst the most profitable globally.

        Woolies does au and nz. Coles is an Australian-exclusive operation. And they’re still among the most profitable in the world.