Throughout 2020, drivers in Australia’s five largest capitals (Sydney, Melbourne, Brisbane, Perth and Adelaide) could have saved a combined $485 million by switching from the higher-priced petrol stations to lower-priced major retailers. This comes off the back of new research by the Australian Competition and Consumer Commission (ACCC), which revealed independent petrol chains generally offered lower prices on fuel. The report showed the average price difference between these retailers in 2020 was 11.4 cents per-litre, […]
ACCC Confirmed: Metro Petroleum, Speedway, United, Vibe and FuelXpress has the cheapest fuel price in Australia
Australia’s petrol and convenience industry has been adding service stations year on year since July 2017. At the same time, cars have greater fuel efficiency or do not use fuel at all. So, a question I keep asking myself is, are we building towards a boom or constructing our doom? The number of service stations being built in Australia tells a story of growth. OPIS data shows that in the financial year 2017-18, there were […]
Murrumbateman residents are rallying around their long-standing service station and convenience store following news a second service station could be built just five minutes up the road. Catalyze Property Consulting said the new service station on Longrail Gully Road, north of Murrumbateman, will encourage growth for the village by providing jobs for locals and supporting tourism and freight transport along the Barton Highway. However, residents say the BP branded petrol station and Friendly Grocer on […]
Australia is on the brink of a historic petrol and diesel supply overhaul, here’s what you need to know
4 years ago
Australia is running on empty. Just two oil refineries remain and one of those has a cloud over its future. The Federal Government is preparing a rescue package but taxpayers will foot the bill even if they don’t pay for it at the bowser. The Federal Government has pledged to prop up Australia’s last two oil refineries – after two of the remaining four announced their closures in the past six months. Prime Minister Scott Morrison announced today […]
Motorists could end up paying more money for petrol under a new government plan to pay oil companies up to $2.3 billion to bolster Australia’s fuel security. Prime Minister Scott Morrison on Monday detailed how taxpayers will prop up the nation’s two remaining oil refineries, claiming production subsidies and infrastructure funding will improve national security and shield motorists from higher prices. But experts said the plan, which is designed to ensure Australia doesn’t become totally […]