The Australian Competition Authority finds significant falls in retail prices in the major capital cities a week after the cut in fuel excise came into effect

Petrol retailers starting to pass through fuel excise cut* ACCC monitoring of petrol prices has found significant falls in retail prices in the major capital cities a week after the cut in fuel excise came into effect. The fuel excise cut, announced in last week’s Federal Budget, is being passed on in full by wholesalers through reduced wholesale prices to retailers, ACCC analysis shows. “Over the next weeks, as petrol stations use up their stocks of fuel on which the higher excise had

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Australian Competition Authority, The Australian Competition Authority finds significant falls in retail prices in the major capital cities a week after the cut in fuel excise came into effect, 6 April 2022, e-Competitions May 2022, Art. N° 106037

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