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$500m hit to Tradies caught in the middle of fuel crunch

$500m hit to Tradies caught in the middle of fuel crunch

04 May 2026

AMP Bank GO analysis¹ finds if recent diesel price increases were sustained until the end of June, the added fuel bill across Australia’s construction workforce alone could approach half a billion dollars a year. The average diesel price for April is roughly 70% higher than in February, even with the cut to the fuel excise,representing a 25% increase to fuel costs so far this year.

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