Sean Aylmer

But because of the low vacancy rates and the faltering prices, rental yields could well pick up.

Yes, so developers of key projects, including new transmission links, have been running into long delays and soaring costs and strong community pushback, in fact, according to a report in Nine Media.

Transgrid, the operator of the New South Wales high-voltage transmission network...

has just completed construction of its final section of the, what they're calling, Energy Connect interconnector.

So after ongoing testing and regulatory checks later in the year, the project, which is kind of like the superhighway between those three states that you mentioned, New South Wales, Victoria and South Australia, for energy, it's set to be the first major transmission link to come online in Transgrid's 2,000 kilometre grid expansion designed to overhaul, basically overhaul the network.

So it's a great news story.

Yes, so jet fuel prices this year will be 70% higher than last year.

That adds about $100 billion in cost.

This was the one that got me.

Net profit per passenger is expected to fall to $4.50 US per passenger, about $6 Aussie per passenger.

I think that's quite a phenomenal statistic.

In March this year, after the start of the war and a spike in oil prices, US airlines alone spend about $5 billion more on jet fuel, which is about a billion dollars up.

IATA General Manager Willie Walsh speak... Well, his name's Will Walsh, but everyone calls him Willie Walsh.

Speaking to Reuters, said airlines are finding the higher fuel prices very hard to cope with and some airlines will certainly go out of business.

So, for example, in the US, Spirit Airlines closed after 34 years in business a couple of months ago.

Hard times.

Stop laughing at me for saying Willie Walsh.

Hard times for airline execs.

No, no.

I remember once talking many years ago to Alan Joyce.