Minimum resale prices
Suppliers can recommend resale prices for their goods and services, but they can’t stop resellers advertising or charging a lower price.
Suppliers can recommend resale prices for their goods and services, but they can’t stop resellers advertising or charging a lower price.
Businesses must display clear and accurate prices, and must not mislead consumers about their prices. There are specific laws about how businesses must display their prices.
Unit pricing, such as the price per kilogram, per litre and per item, helps consumers compare prices for groceries and find the best value for money.
Biofuels, such as ethanol blended fuels and biodiesel, are made from vegetable and animal products. We monitor changes in the biofuels market.
Changes in international benchmark prices and the value of the Australian dollar influence fuel prices. Other factors are pricing decisions by wholesalers and retailers, and levels of competition in different locations.
Businesses need to comply with the Unit Pricing Code if they sell certain food-based grocery items. Grocery retailers must display unit prices so that consumers can make informed choices.
Petrol prices in regional locations are generally higher than in capital cities. Prices are also more stable, as most regional locations don’t have petrol price cycles.
Businesses can mostly set their prices as they see fit. But businesses’ behaviour around setting prices may be illegal if it harms competition, or if the reasons given for prices are misleading.
There are laws about how businesses display prices. They cover how prices are displayed, and what must be included in the displayed prices.