Mar 21 • 21:35 UTC 🇦🇺 Australia ABC News AU

Drivers use Afterpay, work extra jobs amid soaring fuel prices

Regional commuters in Australia are increasingly taking on extra jobs and using credit services like Afterpay to manage rising fuel costs.

In response to soaring fuel prices, many residents in regional and rural areas of New South Wales (NSW) are struggling to afford necessary journeys, leading to a rise in extra job hours and reliance on credit options. With diesel-dependent industries facing stockpiling issues and resulting shortages, individuals are feeling the pressure to adapt their financial strategies. Reports indicate that panic buying is particularly affecting agricultural communities, exacerbating the already challenging situation with fuel availability and pricing.

The spike in fuel prices has had a disproportionate impact on regional inhabitants, as limited public transport options make it essential for many to travel by car. Families, such as the Ryan family from Macksville, are finding it increasingly necessary to explore creative financial solutions to ensure they can fill their tanks. This might include scaling back on leisure activities and opting for services like Afterpay to manage fuel expenses more effectively, indicating the broader economic strain on these communities.

As the fuel crisis continues, the implications for local economies and the day-to-day lives of residents are clear. The increased cost of fuel not only affects personal budgets but could also have a ripple effect within local industries reliant on transportation. Academics and economists warn that if these trends persist, we may see longer-term changes in consumer behavior and economic practices in regional Australia, with residents feeling a renewed need to tether finances more closely to fuel costs and availability.

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