Tag: Rod Sims

Motorists to benefit from crude oil price fall

Since early January 2020 there has been a decline in the price of crude oil and refined petrol, in particular, sharp falls in crude oil prices last week. ACCC say that they will...

Big petrol savings at independent chains

Motorists could save hundreds of dollars a year simply by choosing to fill up at low-priced petrol retailers, a new ACCC petrol report has found. And the lower-priced retailers are independent petrol retailers in comparison...

More fuel-price choice than ever before, says ACCC

Australians have more choice than ever before when buying petrol, according to the Australian Competition & Consumer Commission (ACCC). The ACCC says motorists should take advantage of this increased choice. They should be...

Petrol prices hitting four-year highs

Growing concerns about risks to global crude-oil supplies have caused international oil prices, and local retail petrol prices, to jump dramatically, peaking in May. Average petrol prices in Australia’s five largest cities (Sydney,...

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...

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...

Lack of competition driving high Brisbane petrol prices

The ACCC has released the findings of its study into the Brisbane petrol market, which shows a lack of competition is causing Brisbane motorists to pay more for petrol than those in...

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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