Petrol prices hit ten-year highs in October in Australia’s five largest cities but have fallen significantly since then, according to the ACCC’s latest petrol monitoring report for the September quarter 2018.
Online sporting goods retailer Wiggle Limited (Wiggle) has paid a $12,600 penalty after admitting its customer service staff likely misled Australians about their rights to remedies for faulty products.
Wiggle has also provided a court enforceable undertaking to the ACCC admitting it likely breached the Australian Consumer Law.
Petrol price cycles infuriate drivers but a new report out today explains how they work and ways that drivers in Australia’s five largest cities (Sydney, Melbourne, Brisbane, Adelaide and Perth) can save money by buying petrol at the bottom of the price cycle.
The ACCC’s Report on petrol price cycles in Australia, provides an in-depth look at how price cycles work and how motorists can use them to their advantage.
New data released today shows Australians have more choice than ever before when buying petrol. Consumers are encouraged to take advantage of this increased choice by shopping around to maximise the benefits of offerings like cheaper fuel, loyalty programs, convenience store items and even in-store cafes.
Average petrol prices increased by seven per cent in the past three months, hitting a four-year high in real terms of around 145 cents per litre (cpl) in Australia’s largest cities (Sydney, Melbourne, Brisbane, Adelaide and Perth), according to the ACCC’s latest petrol monitoring report.
Drivers feeling the pinch of high petrol prices should use price cycle information and fuel price websites and apps to shop around, as petrol prices in some cities reached their highest levels in almost four years in May.