While the ACCC does not set fuel prices, we monitor retail fuel prices on a daily basis. New arrangements for ACCC monitoring of the Australian petroleum industry commenced in December 2014.
The ACCC monitors retail prices of unleaded petrol, diesel and LPG in all Australian capital cities and in around 190 regional locations. This enables us to provide you with information about fuel prices, including petrol price cycles in the larger cities.
Where we see issues of concern we will investigate. And, where we find sufficient evidence we will take action to protect consumers against misleading and anti-competitive conduct by fuel retailers.
The ACCC has a Ministerial direction to produce reports at least quarterly focusing on particular aspects of the fuel market of consumer interest.
The ACCC publishes a report quarterly which looks at fuel price movements in all capital cities and around 190 regional locations. We also undertake market studies, including analysing the drivers of petrol prices in particular regional markets.
- Report on the Cairns petrol market – May 2017
- Quarterly report on the Australian petroleum market - June quarter 2017
- Quarterly monitoring reports on the Australian petroleum industry
- Petrol market studies
- Annual monitoring reports on the Australian petroleum industry
In recent years the ACCC has commissioned a number of consultants reports on fuel related issues.
- Benchmarking the price of fuel ethanol in Australia - July 2010
- The method and basis of the setting of the import parity price (IPP) for unleaded petrol and diesel in Australia - October 2009
- Review of the appropriateness of the current LPG international benchmark in the setting of domestic LPG prices - October 2009