Australia is best placed to provide massive emergency food aid should catastrophes such as volcanic eruptions occur in Indonesia. A flourishing food export industry from north Australia, such as the live cattle trade, should be considered as a key component for insuring the long term food security of Indonesia and our other northern neighbours, writes Alex Nelson.
When it comes to the exorbitant fuel prices in Central Australia it's not about the bottom line but about the top line – namely the yellow one in the two graphs above.
It shows what you are paying at the pump compared to the Terminal Gate Price (TGP, mauve line) and the Singapore Parity price (blue line).
And the gap is what the dealers are pocketing.
In the last three months that margin grew massively: the TGP dropped significantly but the dealers hardly adjusted their prices, so that the margin, per liter, is now around 40c.
That's around five times the average around Australia. ERWIN CHLANDA reports.