
Australia's Fuel Crisis: Hoarding vs. Alternatives
Sydney News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Australia grapples with fuel shortages, sparking panic buying and hoarding. Opposition leader Angus Taylor calls for suspending fuel excise tax, but economists warn it could backfire, driving up demand and inflation. Global shortages also impact Thailand, with Middle East tensions and U.S. actions contributing. Focus shifts to curbing hoarding and promoting alternatives like electric vehicles.
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