Skip to playerSkip to main content
  • 7 hours ago
The NT's peak body for civil contractors says it hopes to see the Territory government include allowances in public contracts, to deal with skyrocketing diesel prices. Meanwhile one small business says it's costs have doubled, since the Israel-US-Iran war began.

Category

📺
TV
Transcript
00:02Territory businesses, big and small, hit hard by the cost of a faraway war.
00:08A driving instructor for over 30 years, Ian Reeves has helped thousands of Territorians get their licence.
00:15But the cost of keeping two cars on the road seven days a week is now too high, even with
00:20lessons fully booked.
00:22It's doubled my fuel costs. I was spending anywhere up to $4,000 a month
00:27through one of the companies I had a card with and that's a huge amount for a driving school.
00:33It will be a long wait to see a tax return and maybe just as long for the fuel levy.
00:38That time that we're waiting could be several months away.
00:41So we've still got to work and maintain our business for that period.
00:46The Territory civil construction sector also in shock.
00:50A wave of fuel driven price rises threatening many businesses.
00:5475-80% of our members are basically saying between price for fuel, price for materials, price for subcontractors, everything
01:03is going north.
01:04Mr Troughton says talks with government about getting their contractors' fuel bills paid sooner have so far been positive.
01:11They're now going to bring that quarterly flow of cash, if you like, down to a monthly.
01:19So we're delighted to have that conversation.
01:21I'm not sure it's approved yet and all the rest of it, but we're keeping our fingers crossed.
01:25According to NT government data, average diesel prices in the Territory have risen 50 cents a litre in the past
01:32month.
01:32And according to the Civil Contractors Federation, if national prices should stay high for another year,
01:38it would cost contractors more than $1.5 billion.
01:42I'm not sure if there's a constant contentment for the newophers.
01:42I mean, it's about 15% of the newophers.
01:43The annual crash rate is about 15.
01:44We're going to see in the next month.
01:44The new��니다 is our firstетful kape of the first Formula is now.
Comments

Recommended