Skip to content Skip to main navigation

News

Excellence in Public Sector consulting

25c a litre for the Canberra petrol markup?

By johnboy 30 April 2013 49

petrol stations

The Canberra Times has a story on just how badly we’re being ripped off on petrol:

The price of petrol in Canberra was more than 25 cents higher than in Melbourne, and close to 25 cents higher than in Sydney over the past week, according to the latest fuel price update.

While price falls of 10 cents in Sydney to 130.8 cents a litre, and almost 6 cents in Melbourne to 128.1 cents contributed to another national slide of 3.6 cents to an average price of 137.9 cents, Canberra’s fuel remained steady, dropping just 0.2 cents to 154.0 cents per litre – the second most expensive capital city in the country.

CommSec Economist Savanth Sebastian said Canberra prices are most heavily influenced by competition and transportation considerations.

5 cents a litre I’ll give for transport.

The situation reminds me of the story about when John Dillinger was asked why he robbed banks:

“Because that’s where the money is”

I note the fuel economy of bicycles remains excellent.

What’s Your opinion?


Please login to post your comments, or connect with
49 Responses to
25c a litre for the Canberra petrol markup?
Filter
Showing only Website comments
Order
Newest to Oldest
Oldest to Newst
IrishPete 9:37 pm 01 May 13

WA has a very useful FuelWatch website. Why can’t we? The NRMA website is OK for Sydney, but NRMA ACT obviously isn’t interested.

IP

gooterz 7:40 pm 01 May 13

Could just get government run petrol stations,

Free land and just have a reasonable price. The other companies would either go out of business or drop their prices!

Basilbrush 4:48 pm 01 May 13

johnboy said :

Chief Minister Gallagher has blogged her exchanges with the ACCC on this matter.

If lack of competition is driving high prices one wonders what the ACCC is there for.

+1

Ian 4:01 pm 01 May 13

johnboy said :

Chief Minister Gallagher has blogged her exchanges with the ACCC on this matter.

If lack of competition is driving high prices one wonders what the ACCC is there for.

That was a waste of time. What would be more useful is Katy telling Wayne Swan and Penny Wong that they can easily make savings in useless activities like those of the ACCC Fuel Group and the Petrol Commissioner.

zorro29 11:12 am 01 May 13

since when is this new? we have seen NONE of the price drops for the last couple of years and all of the increases

petrol in all major cities (and most regional places near us) is much cheaper…total joke

and yes, 25-30c a L less in syd and melb…even more in bris thanks to fewer taxes on it

WhiteRabbit 10:31 am 01 May 13

is there a twitter hashtag for bestfuelprice in canberra or something?

Related Articles

CBR Tweets

Sign up to our newsletter

Top
Copyright © 2018 Riot ACT Holdings Pty Ltd. All rights reserved.
the-riotact.com | aboutregional.com.au | b2bmagazine.com.au | thisiscanberra.com

Search across the site