Port users are warning new charges and higher fees scheduled for later this month will bolster stevedores’ profits but contribute to higher inflation.
The Freight & Trade Alliance, which represents importers and exporters, has written to Treasury detailing what it claims is more than $1 billion in annual fees levied on transport companies that use ports, warning that increases are “contributing to inflationary pressures across our economy”.
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Jenny Wiggins writes on business, specialising in infrastructure, telecommunications and transport. Connect with Jenny on Twitter. Email Jenny at jwiggins@afr.com