I have listened to the concerns of Australian consumers and - TopicsExpress



          

I have listened to the concerns of Australian consumers and business regarding the mysteries of fuel pricing. Many of these concerns have been about margins, disparity in regional pricing and supply concerns. This week we have seen record low fuel prices across Australia. This is great news for consumers and many retailers are passing on the benefits of low international oil prices to their customers. However it seems curious to me that many Australians in rural areas are not yet reaping the benefits of these low prices. This seems to support my belief that competitive pressures alone are not sufficient to ensure efficient pricing and the protection of consumers in all retail fuel markets. I would encourage consumers concerned about the lack of flow through of lower prices to raise their concerns with the ACCC to assist in exercising their new powers. bit.ly/BillsonFuel
Posted on: Tue, 06 Jan 2015 23:48:51 +0000

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