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7 October 2026

Tasmania to be Australia’s slowest-growing economy, Deloitte says

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Tasmania to be Australia’s slowest-growing economy, Deloitte says

Tasmania is set to be Australia’s slowest-growing state economy over the next decade, with growth forecast to slump to 0. 8% this financial year, according to Deloitte Access Economics. The firm’s ...

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Red dye diesel break is being greeted with a big yawnBusiness

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The executive order allowing red dye diesel to be used by trucks , along with its lower tax rate, is not being celebrated by the presumed target of the change. Various consumer or consumer-related groups that would be expected to either sell the fuel or use it in their trucks are looking over the complexities of its consumption and throwing cold water on the idea that red dye fuel is going to be a source of price relief for them. By being dyed red, it marks it as a fuel that can be consumed in certain off-road applications, mostly agricultural, and be bought without paying the 24. 4 cents/gallon federal excise tax that is levied for over-the-road uses. Lots of unknowns But as Matt Muenster of Breakthrough Fuel noted in a memo to his company’s clients, although the executive order was signed this week, there are still plenty of questions.

Source: FreightWavesOriginal source

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