President Emmerson Mnangagwa's decision to double the price of petrol shows very poor judgement and bad leadership.
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Articles on Petrol prices
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New analysis of the behaviour of petrol retailers in Perth over a period of five years shows how tacit collusion caused prices to increase by up to 50%.
In his first royal decree, Saudi Arabia’s newly crowned King Salman announced two-month bonuses for state employees, pensioners, students, and recipients of social service programs (that is, everyone in…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
Top contributors
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Adjunct professor, Monash University
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Associate Professor, Crawford School of Public Policy, Australian National University
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Lecturer, Department of Economics, University of Melbourne
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Research Fellow DECRA, Centre for Social Responsibility in Mining, The University of Queensland
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Competition Lawyer; Senior Fellow, University of Melbourne
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Professor, Melbourne Law School, University of Melbourne
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Lecturer in National Security, Crawford School of Public Policy, Australian National University
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Lecturer, Griffith Business School, Griffith University
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Professor, Warwick Business School, University of Warwick
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Professorial Fellow, University of Canberra
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Professor Emeritus of Economics, SOAS, University of London
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ARC Future Fellow, School of PEMS, UNSW
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Founding Director of Program on Intrastate Conflict, Harvard Kennedy School
