Australia is an attractive investment destination due to its consistent economic growth, geographical location, and political stability; we expect that EU investors will increase investment into Australia in the wake of the new trade deal to take advantage of these opportunities.
The price of diesel continues to soar as the war in the Middle East rages on and access to global fuel supplies remains restricted. Despite the federal government cutting the fuel tax excise, the average price of diesel is well above $3 a litre again. Why is diesel rising, and what impact does it have on Australia, given most freight transport relies on diesel, along with almost 30 per cent of passenger vehicles?
