Tag: ACCC

ACCC urges consumers to fight against record retailer margins

The ACCC’s latest quarterly petrol report noted that the average petrol price across Australia’s five largest cities increased significantly in the December 2017 quarter, hitting the highest level since 2015. According to the...

ACCC fuel-industry monitoring extended to wholesale prices

The ACCC’s monitoring role will be expanded to include an examination of wholesale petrol prices in Australia, following a federal Treasury directive to the organisation issued on December 20. The scope of the...

BP disappointed by ACCC opposition to Woolworths fuel takeover

The Australian Competition and Consumer Commission says it will oppose the planned acquisition of Woolworths’ network of retail service stations by BP Australia. “We are disappointed by the news,” BP Australia President Andy...

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Mark McKenzie CEO Mark McKenzie is CEO of ACAPMA. He has 30 years of varied experience in private and public-sector roles, with much of this time spent addressing strategic issues and public policy for...

ACCC delays consideration of BP/Woolworths acquisition

At the request of BP and Woolworths, the ACCC has delayed its consideration of BP’s proposed acquisition of the Woolworths’ retail service-station sites so that the ACCC can consider further information from...

Fuel prices and margins drop

The ACCC’s September quarterly report on the Australian petroleum industry found that average petrol prices fell by 2.7 cents per litre (cpl) in the quarter. Retail margins also decreased to their lowest...

Household fuel spend lowest in 30 years

All of us will be all too familiar with the periodic debate about petrol prices. This debate is often prosecuted by politicians and motoring associations who appear to use selective facts to allege...

Fuel price data can benefit motorists and retailers

Fuel price data from websites and apps empowers price-sensitive consumers, said ACCC Chairman Rod Sims speaking at the Asia Pacific Fuel Industry Forum this week. The industry can then attract these consumers...
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