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As Albo cowards fiddle, Australia is facing a worsening diesel shortage that is beginning to disrupt multiple parts of the economy.
Port operator DP World Australia warned that without priority access to fuel, container terminals could slow or stop, threatening both imports and exports nationwide.
Vegetable growers are cutting production, with many reducing planting or abandoning harvests due to rising fuel and transport costs. This is expected to quickly reduce the availability of fresh produce.
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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.