Fuel prices may be at historic lows at the moment but when they rise again, what is the best strategy to save money at the bowser? There are many suggestions for saving money such as when and where to…
Economic modelling suggests raising fuel taxes could get cars off the road - and therefore save lives.
Khongkit Wiriyachan/Shutterstock
Road safety is a seriously important public policy issue. Around 1.3 million people die in road crashes around the world each year. Among teenagers and young adults, road crashes are the number-one cause…
We’re using less petrol – there’s a recession on, you know …
Antony
Readers of the Financial Times would have recently encountered a story that encompasses the paper’s version of bad/good news when it comes to the oil business. According to the author Daniel Yergin, the…
Australia’s corporate regulator wants to tackle what it believes is collusion in the petrol industry, but court action to date hasn’t really succeeded.
AAP/Lukas Coch
The Australian Competition and Consumer Commission’s latest foray into the difficult and politically charged arena of petrol pricing is just the latest in a long running saga that is unlikely to be resolved…
A cheap or costly drop? You might be surprised to find out how Australian taxes on petrol compare to overseas.
AAP/Andrew Brownbill
UPDATED ON TUESDAY 22 JULY: See editor’s note below for details on the updates. In this year’s federal budget, the Abbott government moved to restart automatically increasing the fuel excise in line with…
Treasurer Joe Hockey has bought down a budget that hits middle Australia with swingeing cuts and price hikes, while lauding smaller government and pushing increased responsibilities onto the states. Middle…
Motorists can expect higher petrol prices in 2014…and beyond.
David Crosling/AAP
Australia’s cost of living is among the highest in the world, despite our low inflation rate. In this series we explore what consumers can expect from the big ticket items - petrol, power and groceries…
Costco is looking to expand its US petrol business to its Australian stores.
lokeswari/Flickr
In a new twist in the long-running Australian petrol wars, Costco is preparing to join the discount petrol market. Sydney’s second Costco outlet, scheduled to open later this year, will reportedly sell…
Legally, it would be extremely difficult to prove shopper docket fuel discounts are anti-competitive.
Michael Welsh via Flickr
A curious feature of the election campaign to date has been the lack of focus on competition and consumer policy. Generally this subject rates highly, as parties try to curry favour with consumers and…
Increasing the cost of petrol won’t wean people onto more fuel efficient cars.
Chris Murray
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-sharing…
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…