1 00:00:00,080 --> 00:00:02,600 Speaker 1: But as I said, these diesel and unleaded prices they 2 00:00:02,640 --> 00:00:06,360 Speaker 1: continue to remain high. And how long they'll stay that way, 3 00:00:06,400 --> 00:00:08,840 Speaker 1: I guess, is anybody's guess at this point. But it's 4 00:00:08,880 --> 00:00:11,320 Speaker 1: something that is well and truly on the national agenda 5 00:00:11,400 --> 00:00:14,160 Speaker 1: right now. I know there've been calls from some to 6 00:00:14,280 --> 00:00:17,079 Speaker 1: cut the fuel excise. It is something that we've spoken 7 00:00:17,079 --> 00:00:19,479 Speaker 1: about over the last couple of weeks. But joining me 8 00:00:19,520 --> 00:00:22,600 Speaker 1: on the line right now is the CEO of the 9 00:00:22,760 --> 00:00:24,720 Speaker 1: aa NT. Good morning to you. 10 00:00:24,760 --> 00:00:28,319 Speaker 2: Anthony Hill. Good morning Katie. Lovely to have you on 11 00:00:28,360 --> 00:00:28,760 Speaker 2: the show. 12 00:00:29,240 --> 00:00:33,080 Speaker 1: Anthony. These firstly, these petrol prices remain high right now, 13 00:00:33,120 --> 00:00:35,200 Speaker 1: don't they They do? 14 00:00:35,400 --> 00:00:38,240 Speaker 2: They do. Indeed, I think we've seen a pretty consistent 15 00:00:38,280 --> 00:00:41,560 Speaker 2: price now over the over the last week around about 16 00:00:41,560 --> 00:00:45,040 Speaker 2: two nine. We have seen the all price drop a 17 00:00:45,040 --> 00:00:50,000 Speaker 2: little bit in that period, but not significantly so. But yeah, 18 00:00:50,000 --> 00:00:53,280 Speaker 2: it has remained around about the nine for the last 19 00:00:53,280 --> 00:00:54,320 Speaker 2: five or six days. 20 00:00:54,560 --> 00:00:56,520 Speaker 1: Yeah, And Anthony, one of the things that keeps getting 21 00:00:56,600 --> 00:00:59,560 Speaker 1: raised with us on air is why you know, like, 22 00:00:59,640 --> 00:01:02,000 Speaker 1: even as the terminal gate price is going down, we're 23 00:01:02,040 --> 00:01:04,720 Speaker 1: really not seeing that reflected to the same degree at 24 00:01:04,760 --> 00:01:05,240 Speaker 1: the bowsing. 25 00:01:05,319 --> 00:01:10,160 Speaker 2: Yes, No, Look, sometimes it is timing, so we do 26 00:01:10,280 --> 00:01:14,360 Speaker 2: need to allow for obviously when people have purchased businesses 27 00:01:14,360 --> 00:01:17,479 Speaker 2: have purchased fuel for that to flow through. But as 28 00:01:17,520 --> 00:01:21,080 Speaker 2: of this morning, we are seeing margins creep so you know, 29 00:01:21,120 --> 00:01:23,560 Speaker 2: we are calling on industry now to do the right 30 00:01:23,600 --> 00:01:27,080 Speaker 2: thing by consumers at a time where petal pricing is 31 00:01:27,120 --> 00:01:30,080 Speaker 2: so high. So it has creep up this in the 32 00:01:30,160 --> 00:01:30,960 Speaker 2: last couple of days. 33 00:01:31,080 --> 00:01:33,360 Speaker 1: Yeah, right, so you reckon with some of those servos 34 00:01:33,400 --> 00:01:35,760 Speaker 1: at the moment, those margins are creeping up. 35 00:01:36,880 --> 00:01:39,320 Speaker 2: That's right, That's right. That's what we're that's what we're noticing, 36 00:01:39,360 --> 00:01:42,040 Speaker 2: and we monitor it on a value basis. So we 37 00:01:42,120 --> 00:01:45,600 Speaker 2: said we'll certainly be going to be advocating for the 38 00:01:45,720 --> 00:01:48,240 Speaker 2: industry to do the right thing and be looking after 39 00:01:48,280 --> 00:01:51,080 Speaker 2: a motor as much as they can at this time. 40 00:01:51,440 --> 00:01:54,640 Speaker 1: Anthony, what is your message for those that you know 41 00:01:54,720 --> 00:01:57,400 Speaker 1: that aren't at the moment, you know, doing the right 42 00:01:57,440 --> 00:01:59,480 Speaker 1: thing in terms of bringing those prices down. 43 00:02:01,440 --> 00:02:04,160 Speaker 2: Well, what I would do is I would encourage I 44 00:02:04,160 --> 00:02:07,360 Speaker 2: would encourage all the consumer syster to watch the fuel 45 00:02:07,360 --> 00:02:11,079 Speaker 2: pricing very carefully and support those that are going to 46 00:02:11,120 --> 00:02:13,840 Speaker 2: support you as far as pricing goes. So if it's 47 00:02:15,320 --> 00:02:19,440 Speaker 2: if it's local support, support those that are discounting the 48 00:02:19,520 --> 00:02:21,480 Speaker 2: price and doing the right thing. 49 00:02:22,080 --> 00:02:24,040 Speaker 1: Now, I know that the last time you and I 50 00:02:24,080 --> 00:02:27,000 Speaker 1: caught up, we spoke about the fuel excise and whether 51 00:02:27,040 --> 00:02:29,880 Speaker 1: that should be cut, and also spoke about the impact 52 00:02:29,919 --> 00:02:31,800 Speaker 1: that that would have though when it comes to that 53 00:02:31,960 --> 00:02:35,840 Speaker 1: reinvestment into roads infrastructure. But I know that the national 54 00:02:36,080 --> 00:02:39,840 Speaker 1: motoring body, the Australian Automobile Association, along with the aa 55 00:02:39,960 --> 00:02:41,960 Speaker 1: n T, have released a bit of a plan that 56 00:02:42,040 --> 00:02:45,520 Speaker 1: aims to unlock hundreds of millions in commonwealth spending and 57 00:02:46,160 --> 00:02:48,600 Speaker 1: improve driver safety and travel times. Tell us a bit 58 00:02:48,639 --> 00:02:49,320 Speaker 1: more about. 59 00:02:49,040 --> 00:02:53,080 Speaker 2: This, Yes, that's right, Katie. So today we launch a 60 00:02:53,080 --> 00:02:57,799 Speaker 2: campaign the green Light Australias Recovery, and it's really cool 61 00:02:57,840 --> 00:03:02,560 Speaker 2: for motoring taxes to be reinvested transport projects to stimulate 62 00:03:02,600 --> 00:03:06,519 Speaker 2: our economy, create jobs, save lives and again make Australias 63 00:03:06,520 --> 00:03:09,200 Speaker 2: transport network a priority. What we do know is over 64 00:03:09,200 --> 00:03:11,359 Speaker 2: the last decade, out of all the exercise that has 65 00:03:11,400 --> 00:03:14,360 Speaker 2: been collected by the federal government, which is one hundred 66 00:03:14,360 --> 00:03:17,040 Speaker 2: and twenty seven billion dollars, only fifty three point seven 67 00:03:17,080 --> 00:03:20,680 Speaker 2: percent of that has actually been spent on road infrastructure projects. 68 00:03:20,720 --> 00:03:23,480 Speaker 2: So we're going for one percent of that to be 69 00:03:23,560 --> 00:03:30,399 Speaker 2: spent on on basic territory roads and national roads. And 70 00:03:30,480 --> 00:03:32,639 Speaker 2: as you know, we've we've still got a long way 71 00:03:32,639 --> 00:03:35,119 Speaker 2: to go into territory in regards to getting our road 72 00:03:35,120 --> 00:03:38,040 Speaker 2: network up to up to I think an acceptable level. 73 00:03:38,560 --> 00:03:42,040 Speaker 2: Seventy percent of our roads are currently unsealed. We've got 74 00:03:42,160 --> 00:03:45,720 Speaker 2: we've got a lot of tourism destinations that are unaccessible 75 00:03:45,960 --> 00:03:48,760 Speaker 2: for four or five months of the year still, so 76 00:03:48,880 --> 00:03:51,440 Speaker 2: you know, to extend the tourism market we need we 77 00:03:51,480 --> 00:03:55,440 Speaker 2: need these roads seen to as soon as possible. If 78 00:03:55,480 --> 00:03:58,440 Speaker 2: we cut the excise, all that's kind has reduced a 79 00:03:58,520 --> 00:04:00,360 Speaker 2: number of these projects that can actually get done. 80 00:04:00,680 --> 00:04:02,720 Speaker 1: So do we know what you know, Like, if all 81 00:04:02,720 --> 00:04:06,040 Speaker 1: of that money is not being reinvested back into road infrastructure, 82 00:04:06,080 --> 00:04:07,840 Speaker 1: what's it being spent on or is it just sitting 83 00:04:07,880 --> 00:04:09,360 Speaker 1: in the coffers? 84 00:04:09,640 --> 00:04:13,600 Speaker 2: Yes, I think it's in the various various things, Katie, 85 00:04:13,680 --> 00:04:20,799 Speaker 2: and it's but certainly specific to road infrastructure and projects. 86 00:04:21,080 --> 00:04:23,480 Speaker 2: It's only fifty three points percent, So the rest of 87 00:04:23,520 --> 00:04:25,880 Speaker 2: them being in the federal government coppers. 88 00:04:26,200 --> 00:04:28,760 Speaker 1: Wow, So really, what you guys want to see is 89 00:04:28,800 --> 00:04:31,880 Speaker 1: that money reinvested into roads infrastructure I mean, we know 90 00:04:31,960 --> 00:04:34,000 Speaker 1: in the Northern Territory that there's a lot of different 91 00:04:34,000 --> 00:04:36,800 Speaker 1: areas where it could be invested, a lot of a 92 00:04:36,800 --> 00:04:38,880 Speaker 1: lot of different roads. 93 00:04:39,040 --> 00:04:41,719 Speaker 2: Absolutely, Katie. And this week we'll be releasing a Risky 94 00:04:41,800 --> 00:04:44,720 Speaker 2: Road Report. So we went out to the market late 95 00:04:44,800 --> 00:04:48,120 Speaker 2: last year with a survey. This week that's finalized and 96 00:04:48,279 --> 00:04:51,719 Speaker 2: we'll be putting that out to industry stakeholders and governments 97 00:04:52,200 --> 00:04:55,960 Speaker 2: in the Northern Territory, which is really that's allowed us 98 00:04:55,960 --> 00:04:59,279 Speaker 2: to go out to the motors right throughout the Northern Territory. 99 00:04:59,320 --> 00:05:02,280 Speaker 2: We had great back and from that we're going to 100 00:05:02,320 --> 00:05:05,800 Speaker 2: be able to prioritize some of the key roads intersections, 101 00:05:06,760 --> 00:05:10,760 Speaker 2: both in urban and regional areas throughout the Northern Territory 102 00:05:11,040 --> 00:05:12,400 Speaker 2: that we want to see prioritized. 103 00:05:12,720 --> 00:05:14,880 Speaker 1: Well, we'll keep an eye out for that. Before I 104 00:05:14,960 --> 00:05:17,760 Speaker 1: let you go, Anthony, have we got any idea when 105 00:05:17,760 --> 00:05:21,000 Speaker 1: we're going to see some movement downwards with these petrol 106 00:05:21,040 --> 00:05:23,560 Speaker 1: prices and with what we're seeing at the moment, I 107 00:05:23,560 --> 00:05:25,840 Speaker 1: mean two nine. I think it's said in a lot 108 00:05:25,839 --> 00:05:30,200 Speaker 1: of different places around the top end around the Northern Territory, 109 00:05:30,440 --> 00:05:32,479 Speaker 1: it doesn't seem like there's an end in sight, just 110 00:05:32,600 --> 00:05:34,480 Speaker 1: yet not just. 111 00:05:34,480 --> 00:05:36,840 Speaker 2: Yet, Katie. I think with a term or that's going 112 00:05:36,880 --> 00:05:40,400 Speaker 2: on around the world at the moment, it's I think 113 00:05:40,440 --> 00:05:42,760 Speaker 2: we're still in for a little bit of a period 114 00:05:42,800 --> 00:05:45,880 Speaker 2: of high high prices, but we are watching that all 115 00:05:45,920 --> 00:05:48,800 Speaker 2: pricing very closely. So we did see a little bit 116 00:05:48,800 --> 00:05:51,920 Speaker 2: of a dip last week, it bounced back up again, 117 00:05:52,160 --> 00:05:54,440 Speaker 2: and I think this morning's also bounced back up a 118 00:05:54,480 --> 00:05:58,880 Speaker 2: little bit. So I think we are still still going 119 00:05:58,880 --> 00:06:01,080 Speaker 2: to have a period of high high pricing. Unfortunately. 120 00:06:01,279 --> 00:06:03,040 Speaker 1: Yeah, and that's I suppose the crappy thing that a 121 00:06:03,080 --> 00:06:05,320 Speaker 1: lot of people are noticing. You know, even today the 122 00:06:05,400 --> 00:06:08,840 Speaker 1: terminal gate price a dollar ninety, so it's gone down. 123 00:06:09,160 --> 00:06:12,159 Speaker 1: Last Tuesday it was at two dollars too, But within 124 00:06:12,240 --> 00:06:14,960 Speaker 1: that time there hasn't really been really been any movement 125 00:06:15,080 --> 00:06:15,800 Speaker 1: at the bowser. 126 00:06:17,360 --> 00:06:19,240 Speaker 2: No. Well, as I said, it's not me. We allow 127 00:06:19,240 --> 00:06:22,400 Speaker 2: about seventy ten days for the fuel to be dispersed 128 00:06:22,440 --> 00:06:25,160 Speaker 2: from purchase that might have been made back then, so 129 00:06:25,440 --> 00:06:26,960 Speaker 2: we would expect to see probably a bit of a 130 00:06:27,000 --> 00:06:30,880 Speaker 2: downward movement a little bit coming in the coming coming days. 131 00:06:30,920 --> 00:06:33,960 Speaker 2: But they said, I wouldn't expect a huge movement. I 132 00:06:33,960 --> 00:06:35,520 Speaker 2: think we're going to be over the two dollar marks 133 00:06:35,600 --> 00:06:36,200 Speaker 2: quite some time. 134 00:06:36,960 --> 00:06:39,640 Speaker 1: Yeah, well, Anthony, no doubt. We'll talk to you again 135 00:06:39,720 --> 00:06:42,600 Speaker 1: very soon. Let us know when you do release those 136 00:06:42,680 --> 00:06:45,320 Speaker 1: roads throughout the week. We'd be interested to see them. 137 00:06:45,800 --> 00:06:47,360 Speaker 2: We certainly will. Thank thank you.