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China Eastern flight attendant in Brisbane. Before the pandemic there were nine mainland Chinese airlines flying Australian routes. Photo: Glenn Hunt Want to fly to Paris in mid-September for a three-week getaway to experience the wonders of late summer in Europe? From either Melbourne or Sydney, you can pick up an economy class airfare on a budget airline for around $2200 but fly on a major league airline and you can expect to pay between $3500-$5000. The plane ticket has gone through the roof. In July 2022 you pay for a long-distance economy class seat which almost gets you into premium economy before the pandemic. Premium economy seats? Expect to pay close to what the business costs in 2019. What happened? Rising fuel prices are part of the reason we pay more to fly to Europe, but another big factor is the lack of low price competition. As of May 2022, a total of 51 international airlines operate scheduled passenger services to Australia. That’s 10 less than ...

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 on...

Drivers could immediately see fuel costs dropping below $2 per liter, but diesel remains high despite falling prices for the crude oil used to produce both. Analysis from FuelTrac shows that there is a growing gap between wholesale prices in Singapore and what you pay in retail. Specifically for diesel that means retailers are getting more per liter. “The longer they hold their retail pump prices, as Singapore and wholesale prices fall, they increase their retail profit margins,” said Geoff Trotter, general manager of FuelTrac. The line shows the relationship between retail margin – the amount a retailer earns – for unleaded gasoline (blue) and diesel (yellow) sold in Australia, above the ‘terminal gate price’ or wholesale cost. ( provided ) Most of the fuel pumped in Australia comes from Singapore and the island’s terminal gate prices – wholesale fees – affect what you pay as a consumer when sold at service stations here. But the margin between Singapor...

It’s far from a humble home, but you won’t believe the tantalizing cost of this sprawling Australian estate that offers stunning decor, spectacular gardens and TEN luxurious bedrooms. The sprawling ten-bedroom estate will break state records at a million-dollar asking price Blair House is located in a 7,800 square meter block in Melbourne’s affluent suburb of Toorak This property is being marketed for the first time since the 1970s with an asking price of $65 million-$70 million This hotel features a stunning Georgian main residence, tennis courts, guest house and stunning garden The house was sold by the family of the late engineer Radovan Basil Nanut, who died in 2004 By Louise Allingham For The Australian Daily Published: 22:43 EDT, 14 July 2022 | Updated: 22:43 EDT, 14 July 2022 Advertisement The fabulous suburban estate will break real estate records for the state of Victoria with a multi-million ...

Nissan’s new Pathfinder family of SUVs gets more technology, safety and practicality than their predecessors – but at a much higher price tag. 0 Nissan Pathfinder 2023 price and specifications Four classes available, all with V6 . petrol Eight seats, full safety suite standard in base class Prices from $54,190 before on-road fees See 7 pictures It 2023 Nissan Pathfinder will arrive in Australian showrooms before the end of this year with more technology than ever before – but at a much higher price. Available in four model classes, the new Pathfinder lineup starts at $54,190 plus on-road costs — up $9950, or 22 percent off the base version of Nissan’s base SUV, which was last offered in 2020. The ranges were re-randomized, with ST-L, Ti and Ti-L values ​​replacing ST+, ST-L and Ti values, in that order. All are powered by the same 3.5-liter V6 petrol engine – with no available hybrid options – and all but the seven-seater Ti-L offers eight. Comparing the new and old equiva...

A regional airline has temporarily cut some Tasmanian services as a result of rising fuel costs. Key points: Sharp Airlines has temporarily suspended Saturday services to King Island and Flinders, as well as Wednesday services from Essendon to King Island Airlines say facing rising fuel costs, the only other alternative is to increase ticket prices Flights are scheduled to restart in September Sharp Airlines said the price of aviation turbine fuel had increased by more than $1 per liter in 12 months, 40 cents of which came in the past two months. Managing Director Malcolm Sharp said the airline had chosen to reduce flights rather than charge travelers. “For our customers, we try to find ways to make it at least less painful,” he said. “The easiest thing to do is raise prices, but we think that will have a bad impact on demand. “This is a difficult time.” The war in Ukraine has pushed up oil prices around the world. ( ABC Capricornia: Rachel McGhee ) The ...