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.”
True, although there is a middle ground between informative and necessary reporting and over-reporting to keep readers engaged in a sort of doomscrolling panic loop. The media relies on engagement so during crises like this there’s a strong incentive to deliver it in such a way that the public feels like there is constantly breaking news they need to keep up with, even when there isn’t.