How Rising Fuel Prices Are Affecting Equipment Hire Costs

Things are getting tougher in Australia with diesel prices consistently going up in construction heavy regions. For most plant, especially heavy earthmoving gear, fuel is the main thing that you need to keep running. The more you use these machines, the more fuel they go through.

The rates for hiring this stuff go up right away because fuel is either included in the hire cost (wet hire) or it gets passed on to the contractor through the costs they pay for things like diesel (dry hire). This makes fuel one of the first things to go up when prices change, because it’s not like labour or depreciation which are in a more steady state.

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