Fuel price hits home
By MADELINE DOHERTY
KEN and Lea Cherry of South Tweed have two children and a mortgage and are feeling the knock-on pinch of costly petrol.
And there is no relief in sight - the Dairy Farmers Group plans to increase the price of some of its products by up to eight per cent from today - 16 cents per litre of milk - because of soaring fuel costs.
Mrs Cherry said prices had gone up in the fruit and vegie shop where she worked, with some items doubled to recoup petrol price increases.
Murwillumbah pensioners Lorraine and Barry Grennan said every time they shopped they noticed an increase in prices.
"As pensioners on a fixed income, we can't pass the cost on anywhere," Mrs Grennan said.
Their petrol bill has recently doubled.
Susan Young of Elanora said her husband's fuel bill was up $800 over the past quarter.
Mrs Young, who does her husband's accounts, said her floor layer husband incurred regular petrol costs.
"The Federal Government should use some of that big budget (surplus) and take some of the tax off petrol," Mrs Young said.
Her daughter Tracey Young, who buys home brand groceries, has noticed the cost of food going up and is not looking forward to further food price rises, nor possible increases in bank interest rates within the next 18 months.
Australian Consumers Association deputy chief executive Norm Crothers said the September CPI figures from the Australian Bureau of Statistics, due out soon, would give a better idea of the impact of petrol prices on consumer spending.