5 August

In the 1970s, there were over 20,000 servos in Australia. In the year 2000, there were 8370. Now there are only 6400. It’s important to understand this. You don’t get rich running a servo. The big reduction in number of servos has come from rationalising them into mega-servos, with more bowsers, pumping a lot more fuel from single locations. Current projections say up to 80% of what’s left will be bankrupt by 2035. It’s why you’ll see electric chargers and more retail added to servos, very fast now, they’re trying to change the business model, to survive. And as EVs will charge from home more than 90% of the time, whereas all petrol and diesel driving needs a regular trip to the servo, it’s increasingly only going to be passing through-traffic that will even bother using one. We all have our own servos at home already, for EVs. They’re called power points.