Energy crisis will have long‍-‍term effects: Australian Industry Group
What happened
Australian Industry Group research warns that recent regional fuel disruptions have a long tail for industry and will feed into inflation and input costs. The piece highlights Australia’s high import dependence for liquid fuels and notes businesses have already adjusted operations and investments. Procurement should watch supplier surcharge behaviour and transport-cost pass-throughs next
Why the category manager should care
Treat fuel and chemical supply disruption as a forcing function for higher landed consumables cost; get supplier positions on surcharges and notification periods
Key facts
- Australia imports 90% of its liquid fuels
- Businesses already report operational changes and investment impacts