New research by economists from the Australian National University claims that if petrol excise duty were linked to inflation, Australians would drive less and buy more fuel-efficient cars. But higher…
If petrol prices are relatively low, why worry about burning the stuff?
David Neubert
An iron law of economics is that people respond to incentives. If the petrol price goes up, it should be of little surprise that consumers alter their choices at both the petrol pump and the car dealership…
Proving that Woolworths and Coles engaged in unconscionable conduct with their suppliers will be a lengthy and difficult task for the ACCC.
AAP
The Australian Competition and Consumer Commission (ACCC) has declared open season on Coles and Woolworths. In an unusual step, the ACCC’s chairman, Rod Sims, discussed his organisation’s current investigations…
The Reserve Bank of Australia is expected to keep the cash rates unchanged tomorrow: but prominent economists say the case for a cut may be firming.
AAP
CAMA’s Shadow Board, which gives its views ahead of the decision by the Reserve Bank of Australia, continues to support the current setting of the cash rate at 3.5%.
But economists are seeing a greater…
Australia’s energy security will fall again after Caltex’s decision to shut its Sydney plant at Kurnell (pictured), but the Federal Government is yet to have a coherent stance on domestic refining capacity.
AAP/Mick Tsikas
Last week, Caltex decided to close its Kurnell refinery in Sydney. This closure follows a recent decision by Shell to close its refinery at Clyde in Sydney and it will leave the city without any oil refineries…
What can international markets tell us about whether Australian petrol price sharing arrangements are anti-competitive?
AAP
The way petrol is priced in Australia has been a perennially vexed issue.
Earlier this month, the Australian Competition and Consumer Commission (ACCC) announced it would launch an inquiry into price…
Read the second part of our In Conversation between Stephen King (left) and former ACCC head, Graeme Samuel.
AAP
Welcome to part two of our In Conversation between the former head of the Australian Competition and Consumer Commission, Graeme Samuel and Monash’s Professor Stephen King, also a former competition regulator…
