There are laws about the way prices are displayed. Prices should be genuine and you should be able to easily see the total price of anything advertised. If multiple different prices are displayed on a product or in advertising, the business has to fix the display or sell you the item for the lowest price.
Big supermarkets and online food stores must display the total price as well as the price per unit of measurement for many items.
Ethanol blended fuels and biodiesel contain renewable vegetable and animal products. The ACCC is monitoring developments in this emerging market.
Petrol prices are determined by several overseas and local market forces. While the ACCC does monitor petrol prices, we do not set or control them.
Growers and traders need to comply with the Horticulture Code when buying and selling horticulture produce.
Businesses need to comply with the Unit Pricing Code if they sell certain food-based grocery items. Grocery retailers are required to display a unit price so that consumers can make informed choices.
Businesses have certain rights and responsibilities when setting and displaying the prices of their goods and services.
Businesses are free to set their prices and discount their goods and services as they see fit, but they must set their prices independently of their competitors. Pricing goods below cost can be illegal in certain circumstances.
Prices displayed by a business must be clear, accurate and not misleading to consumers. You should always display the total price of a product or service. Certain grocery retailers must also display unit pricing on their shelf labels.
Petrol prices in regional locations are generally higher than those in the capital cities. They are also more stable, as there are only a few regional locations with petrol price cycles.