Peter Anderson, CEO, VTA
“Transport ministers’ decision to increase the road user charge by 6 percent clearly shows the inflation genie is still at work putting upward pressure on prices of goods and services in the economy. While on the one hand it is disappointing ministers went against the advice of the transport industry for a more measured 2.75 percent increase, the provision of future increases over three years does provide some certainty and will assist operators in setting realistic prices. It’s encouraging that inflation appears to be falling but the increase confirms higher prices will be with us for some time, and its essential freight operators pass these price rises through the supply chain and onto freight customers and consumers.”