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Barr seeks relief on ACT’s high petrol prices

By Michael Reid - 15 June 2016 42

man filling up at petrol station

ACT chief minister Andrew Barr on Wednesday met with Australian Consumer and Competition Commission chair Rod Sims to discuss high petrol prices faced by Canberra motorists.

The ACT is continually recording higher petrol prices than other large cities across the country, Barr said.

In February 2016, Canberra motorists saw record petrol price differentials compared with the national average and Sydney, in particular.

These record prices were despite a continued decrease in crude oil prices late last year, which reached their lowest level since June 2004.

While the situation improved a little in the March quarter, the figures reveal a large discrepancy between the cost of crude oil and what motorists are paying for petrol.

Market study

“It is important our fuel retailers are held to account to ensure that Canberrans aren’t paying too much at the pump,” Barr said.

“Canberra motorists in and around Majura Park and Fyshwick have had some petrol price relief with the opening of Costco and Metro Petroleum. Unfortunately, these savings have not yet flowed through to the broader ACT market.”

Barr said he has discussed with Sims ways to increase competition and transparency in the market, and the need for the commission to conduct a market study into petrol prices in the ACT.

“The government will work closely with the ACCC to provide better information to consumers and to collect better data. The ACT will also work with other states – raising these issues at the next head of Treasuries meeting,” Barr added.

“A 2015 investigation into petrol prices in Darwin and market studies in Launceston and Armidale led to downward pressure on petrol prices in the Northern Territory, Tasmania and New South Wales.

“The government will continue to work with the ACCC to ease the strain on the ACT community caused by rising petrol prices.”

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42 Responses to
Barr seeks relief on ACT’s high petrol prices
reddy84 4:42 pm 16 Jun 16

Maya123 said :

bennygrocott said :

TuggLife said :

Mordd – IndyMedia said :

Begs the question why not? This has been the case for a long time. What’s changed?

Bring on the electric car.

To be powered by what will potentially be the most expensive electricity in Australia?
No thanks!

It would have to be something like 50c/kWh to reach cost parity with petrol. And that’s before you factor in oil, oil filter, air filter, timing belt, alternator, distributor, spark plugs, fuel injectors, exhaust system and a bunch of other combustion related parts that break down over time and require expensive mechanical labour to replace or repair.

Cost of new Camry petrol car = $25,000. Cost of Tesla electric car $150,000 plus new battery every 5 years.

Can’t compare standard el cheapo car against a top of the line Tesla. The new Model 3 will be priced at USD35,000 (local price due next year). Tesla also provide an 8-year battery warranty.

devils_advocate 3:46 pm 16 Jun 16

Mordd said :

“It is important our local council is held to account to ensure that Canberrans aren’t paying too much for things like the Cotter Dam, public art, pop-up container villages, urban densification, union MOUs, the Tram and Skywhale,” Barr said.

You forgot the green bins, but otherwise A+++

devils_advocate 3:44 pm 16 Jun 16

bennygrocott said :

TuggLife said :

Mordd – IndyMedia said :

Begs the question why not? This has been the case for a long time. What’s changed?

Bring on the electric car.

To be powered by what will potentially be the most expensive electricity in Australia?
No thanks!

It would have to be something like 50c/kWh to reach cost parity with petrol. And that’s before you factor in oil, oil filter, air filter, timing belt, alternator, distributor, spark plugs, fuel injectors, exhaust system and a bunch of other combustion related parts that break down over time and require expensive mechanical labour to replace or repair.

They only require “expensive mechanical labour” in a town of second-generation career paper-pushers who have no practical skills and can’t perform basic tasks on their own.

dungfungus 2:29 pm 16 Jun 16

bennygrocott said :

TuggLife said :

Mordd – IndyMedia said :

Begs the question why not? This has been the case for a long time. What’s changed?

Bring on the electric car.

To be powered by what will potentially be the most expensive electricity in Australia?
No thanks!

It would have to be something like 50c/kWh to reach cost parity with petrol. And that’s before you factor in oil, oil filter, air filter, timing belt, alternator, distributor, spark plugs, fuel injectors, exhaust system and a bunch of other combustion related parts that break down over time and require expensive mechanical labour to replace or repair.

Cost of new Camry petrol car = $25,000. Cost of Tesla electric car $150,000 plus new battery every 5 years.

dungfungus 10:55 am 16 Jun 16

TuggLife said :

Mordd – IndyMedia said :

Begs the question why not? This has been the case for a long time. What’s changed?

Bring on the electric car.

To be powered by what will potentially be the most expensive electricity in Australia?
No thanks!

South Australia gets most of its electricity from renewables so this is what happens:
https://au.finance.yahoo.com/news/sa-households-face-second-power-225608593.html

Tenpoints 10:55 am 16 Jun 16

TuggLife said :

Mordd – IndyMedia said :

Begs the question why not? This has been the case for a long time. What’s changed?

Bring on the electric car.

To be powered by what will potentially be the most expensive electricity in Australia?
No thanks!

It would have to be something like 50c/kWh to reach cost parity with petrol. And that’s before you factor in oil, oil filter, air filter, timing belt, alternator, distributor, spark plugs, fuel injectors, exhaust system and a bunch of other combustion related parts that break down over time and require expensive mechanical labour to replace or repair.

dungfungus 10:26 am 16 Jun 16

Mordd said :

There were a few errors in this regurgitated press release, so I have taken the liberty of making some corrections. This is what it should have read:

“ACT chief minister Andrew Barr on Wednesday met with Australian Consumer and Competition Commission chair Rod Sims to discuss high residential rates faced by Canberra homeowners.

The ACT is continually recording higher rate rises than other large cities across the country, Barr said.

Between 2013 and 2016, Canberra homeowners saw record rate rises of 10%pa and significant differentials now compared with the national average and Sydney, in particular.

These record rates were despite a continued decrease in hospital, school and garbage collection services.

The figures reveal a large discrepancy between the provision and efficiency of government services and what homeowners are paying in rates.”

“It is important our local council is held to account to ensure that Canberrans aren’t paying too much for things like the Cotter Dam, public art, pop-up container villages, urban densification, union MOUs, the Tram and Skywhale,” Barr said.

I am nominating you as chief sub-editor for the RiotACT.

dungfungus 8:49 am 16 Jun 16

Mordd – IndyMedia said :

Begs the question why not? This has been the case for a long time. What’s changed?

Bring on the electric car.

To be powered by what will potentially be the most expensive electricity in Australia?
No thanks!

Acton 8:25 am 16 Jun 16

There were a few errors in this regurgitated press release, so I have taken the liberty of making some corrections. This is what it should have read:

“ACT chief minister Andrew Barr on Wednesday met with Australian Consumer and Competition Commission chair Rod Sims to discuss high residential rates faced by Canberra homeowners.

The ACT is continually recording higher rate rises than other large cities across the country, Barr said.

Between 2013 and 2016, Canberra homeowners saw record rate rises of 10%pa and significant differentials now compared with the national average and Sydney, in particular.

These record rates were despite a continued decrease in hospital, school and garbage collection services.

The figures reveal a large discrepancy between the provision and efficiency of government services and what homeowners are paying in rates.”

“It is important our local council is held to account to ensure that Canberrans aren’t paying too much for things like the Cotter Dam, public art, pop-up container villages, urban densification, union MOUs, the Tram and Skywhale,” Barr said.

Mordd 4:10 am 16 Jun 16

HiddenDragon said :

What other commodity is taxed at nearly 40c in the dollar and then 10% GST to boot?

FYI – tobacco (and pretty soon alcohol as well).

rommeldog56 11:39 pm 15 Jun 16

Begs the question, why now?

Hasn’t Mr Barr noticed this discrepancy before, but now wants to be seen doing something 4 months from October!

Of course. But the ACT Labor/Greens Gov’t know how gullible and rusted on Labor/Greens ACT voters and Ratepayers are. If we vote ACT Labor/Greens back, this is the sort of insulting politics that we entrench – and would deserve.

A_Cog 11:05 pm 15 Jun 16

Begs the question, why now?

Hasn’t Mr Barr noticed this discrepancy before, but now wants to be seen doing something 4 months from October!

Desperation in the air. He can sniff the change coming.

dlenihan 7:30 pm 15 Jun 16

Begs the question, why now?

Hasn’t Mr Barr noticed this discrepancy before, but now wants to be seen doing something 4 months from October!

gooterz 7:23 pm 15 Jun 16

Begs the question why not? This has been the case for a long time. What’s changed?

Bring on the electric car.

wildturkeycanoe 6:16 pm 15 Jun 16

Good luck getting the ACCC to do anything about it. If the government really wants to help with the cost of fuel, why don’t they drop some of their excise? What other commodity is taxed at nearly 40c in the dollar and then 10% GST to boot?

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