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Australians pay about 20 cents per liter more for diesel than they should, consumer advocates say. And they said there seemed to be no good reason for that. Federal Treasurer Jim Chalmers said Australians were “really dirty” about higher fuel prices. While prices have declined, experts say diesel prices have not fallen enough. But retailers say there is always a lag between the drop in oil prices seen at the pump. Even if you don’t own a diesel vehicle, you may be affected by the price of diesel. That’s because it’s the fuel of choice for industry — transportation, agriculture, shipping, and mining — which means there are after-effects for the economy. Why is diesel so much more expensive than gasoline? Oil prices soared earlier this year after Russia was sanctioned for its invasion of Ukraine. Diesel prices rose more than gasoline due to various factors including higher demand due to the COVID-19 economic recovery and less supply from Russia. Russia is one of the largest oil producer

He said the valuation and focus of the business had changed since the deal was announced in February and “no longer stands for commercial reasons”. “Not having the distractions of integrating other businesses allows us to focus on our core business,” said Gray. Zip submitted its fourth-quarter results update early Thursday, pledging to reduce its offshore footprint, including exiting Singapore immediately and closing its lending business unit. Revenue jumped 27 percent compared with a year ago to $160.1 million and margin on cash transactions increased to 2.4 percent from 2.3 percent in the third quarter. “In line with its strategic objective to focus on the core markets of Australia and New Zealand and the US, this quarter Zip continued to make changes and decisions to precisely measure its global footprint and reduce the group’s cash outlays,” chief executive and founder Larry Diamond said in a statement. The news sent Zip shares up another 3 percent to 68¢ early Thursday, for a tota

A savvy financial expert from Sydney has revealed how he has managed to reduce his hotel room costs by 20 per cent while traveling. Queenie Tan, 26, and her fiancé Pablo, 30, have embarked on a global holiday that started in Singapore and is currently in Ibiza. The couple stayed at the Marina Bay Sands hotel in Singapore and saved $158.55 just by booking through the website, ShopBack. Queenie shared a simple hack in an Instagram video and said it never hurts to let hotel staff know if you’re also celebrating a special occasion, as they’ve received a free room upgrade with chocolates since they just got engaged. Scroll down for the video Queenie Tan (pictured) and her fiancé Pablo, 30, have embarked on a global holiday that started in Singapore and is currently in Ibiza The couple stayed at the Marina Bay Sands hotel in Singapore and saved $158.55 just by booking through the website, ShopBack Queenie shared a simple hack in an Instagram video and said it wouldn’t hurt