The Australian Competition and Consumer Commission has announced that Armidale will be the third regional location to be studied as part of the petrol monitoring arrangements launched by the Minister for Small Business, the Hon Bruce Billson MP, in December 2014.
These detailed regional market studies aim to explain each component of the prices paid at the bowser to understand why prices are higher in some regional locations.
The Australian Competition and Consumer Commission has concluded an investigation into alleged anti-competitive conduct by fuel retailers in Armidale, following concerns raised late last year regarding high petrol prices.
The ACCC did not find evidence of cartel conduct during the course of this investigation and has decided to end its investigation.
The Australian Competition and Consumer Commission has announced that Launceston will be the second regional location to be studied as part of the petrol monitoring arrangements launched by the Minister for Small Business, the Hon Bruce Billson MP, in December 2014.
The in-depth regional market studies aim to explain each component of the prices paid at the bowser to understand why prices are higher in some regional locations.
The Australian Competition and Consumer Commission has released the second quarterly report on the Australian petroleum industry. The report examines prices to March 2015.
The Australian Competition and Consumer Commission has announced Darwin as the first regional location being studied under the new petrol monitoring arrangements launched by the Minister for Small Business, the Hon Bruce Billson MP, in December 2014.
The aims of the regional market studies are to get to the bottom of why prices are higher in certain regional locations and to identify and explain each component of the prices paid at the bowser.
The Australian Competition and Consumer Commission has released the first quarterly report into the Australian petroleum industry for 2015.
The report covers the period from June to December with some additional information to end January 2015. The ACCC’s last annual monitoring report covered the period up to June 2014. This report follows Minister Bruce Billson’s direction in December 2014 to monitor and analyse fuel markets and report at least quarterly for a period of three years.
The report shows:
Quarterly reports on the petroleum industry in Australia have been prepared by the ACCC since 2015.
ACCC Chairman Rod Sims today provided details on its approach and likely areas of study following Minister Bruce Billson’s recent direction to monitor and analyse fuel markets in a more regular and in-depth way.
The ACCC will be producing at least eight reports in 2015, of two types: