Local, Independant and Effective
December 18, 2014

Government called on to ask ACCC to investigate petrol costs in Indi

Independent Member for Indi, Cathy McGowan AO, has called on the Government to investigate the petrol pricing behaviour of fuel outlets in Indi. Many constituents have contacted Ms McGowan recently about the high cost of petrol in regional areas compared to prices in metropolitan outlets.   

“There has been considerable community concern regarding the recent high cost of petrol and the fact the price hasn’t decreased as motorists would expect,” Ms McGowan said.

“In some areas there appears to be a disparity between regional and metropolitan prices and the public deserves to find out the justification for this occurring.

“In response to these enquiries I have written to the Treasurer, Mr Joe Hockey, calling for the Australian Competition and Consumer Commission (ACCC) to investigate the fuel pricing behaviour of local outlets in Indi.”

She also welcomed the Government announcement yesterday that the ACCC had been directed to increase monitoring fuel prices, costs and profits for the next three years. Minister for Small Business, Mr Bruce Billson, said monitoring reports would occur quarterly to help identify areas of concern and the ACCC would also undertake ‘deep dive’ investigations into unexplained high prices.

Ms McGowan will write to the ACCC to ask for one of the deep dive investigations to focus on outlets in Indi, for example Mansfield, where the price has remained high.

“I will ask the ACCC for a detailed investigation into petrol pricing in the North East and an explanation why the petrol price has remained high in many centres after the oil price has dropped considerably,” Ms McGowan said.

“Motorists in Indi understand pricing behaviour is different to what occurs in the cities, but the price difference has been and remains a concern.” 

Ms McGowan also encourages motorists who believe petrol prices in their local area are unfair to report this to the ACCC at https://www.accc.gov.au/contact-us/contact-the-accc or phone 1300 302 502.  

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