This morning the Federal Government have finally announced the business rules for zero interest loans. This program is a welcome relief option for fleets in meeting the fuel shock cost of recent weeks.
As you are aware the QTA has advocated hard for cashflow relief for fleets right from the outset of the fuel shock resulting from the Middle East conflict.
Along with other Association's the advocacy has been centered strongly with both State and Federal Treasuries and their respective Ministers. We encourage you all to go to the link below and give consideration to this option. The process before the Fair Work Commission to introduce a minimum standard for Fuel Cost Recovery continues as a joint submission between the TWU and your Australian Road Transport Industrial Organisation (ARITO).
There is an acute need for an order to assist some members with a fair fuel surcharge to be applied to provide cost recovery and sustain fleet viability. We do expect resolution soon and will advise as soon as news is available.
As always, please don't hesitate to give me a call with any concerns you may have.
Safe Travels
Gary Mahon, QTA CEO
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