Tag: ACCC

International oil prices drove petrol prices higher despite excise cut

MEDIA RELEASE 05.09.2022 Despite the six-month cut in fuel excise reducing retail petrol prices in the June quarter 2022, the ACCC’s latest quarterly petrol monitoring report shows this could not prevent real (inflation adjusted) retail...

ACCC warns: Comply with mandatory button battery laws or face serious penalties

The Australian Competition & Consumer Commission (ACCC) has placed businesses that sell button batteries or products powered by them on notice as mandatory button battery laws come into place. Businesses have been warned...

ACCC: Fuel excise cut was passed on

The ACCC has released its latest petrol monitoring report which confirms that in the days and weeks following the fuel excise cut and that the subsequent increase to prices was a result...

Petrol retailers starting to pass through fuel excise cut

ACCC monitoring of petrol prices has found significant falls in retail prices in the major capital cities a week after the cut in fuel excise came into effect. "The fuel excise cut, announced...

Petrol prices to be watched following excise cut

The ACCC has stated it will monitor petrol prices following the Federal Budget announcement of a six-month reduction in fuel excise. ACCC Chair Gina Cass-Gottlieb says its petrol team will focus on this...

Peters pays for anti-competitive exclusive dealing

The Federal Court has ordered that Australasian Food Group (AFG), trading as Peters Ice Cream, pay a $12 million penalty for anti-competitive conduct in relation to the distribution of ice creams sold...

ACCC says 86% of fuel price outside of the control of retailers

The ACCC has released its Quarterly Report on the petroleum market for the December 2021 quarter and has taken the opportunity to explore both the report findings and the current fuel price...

October petrol prices hit seven-year high

Daily petrol prices on a seven-day rolling average basis in Sydney, Melbourne, Brisbane, Adelaide and Perth increased to 172.4 cents per litre (cpl) at the end of October 2021, the ACCC’s latest...
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