LET'S HAVE A 10% FUEL SURCHARGE AT ALL THE SUPERMARKETS BEFORE PRICES GO UP A LOT MORE THAN THAT
It's not speculation and not hypothetical. The monumental increase in the price of both petrol and diesel across Australia as a consequence of the Iran war, and more specifically, the virtual closure of the strait of Hormuz, the "gateway to Middle East oil", is going to result in significant increases in the cost of just about everything in any retail environment. The only question remains is this - will the supermarkets be fair and only increase prices of goods exactly according to what precise increase in transporting costs they incur, or will they prey on the situation and in plain English rip consumers off? Truth is, the Albanese government can't wait or procrastinate at all to get that answer. It has to act decisively and "outside the box" to ensure that the latter does not come to pass. ALBANESE and energy minister CHRIS BOWEN have already thrown a wet blanket over the Coalition's demand for the fuel excise to be "temporarily halved", ...
