MP calls on ACCC to launch inquiry into petrol prices

Kevin Farmer

A TWENTY cent difference between the price of unleaded petrol at Casino and Ballina has prompted Page MP Kevin Hogan to call on the Australian Competition and Consumer Commission to launch an inquiry.

Mr Hogan wrote to the ACCC this week asking it to investigate why local petrol prices were well above the average of both Sydney and Brisbane.

He said while crude oil prices had fallen 20% this year to about $28 a barrel and were almost at a 15-year low, the cost wasn't being passed on to consumers.

"There are two issues that I see here. One is the absolute fall in relative petrol prices," he said.

"You have the price in Sydney, which is $1.05 as an average on Thursday, and at Casino, I think it was quite reasonable at $1.08, but residents in Ballina are paying too much.

"Obviously there are transport costs to get fuel to the Northern Rivers but there shouldn't be such a difference in price compared to Sydney."

Mr Hogan said the second issue was the price difference locally.

"How can you have $1.08 in Casino, $1.20 in Lismore, $1.30 in Ballina and have these great variations in price in our region?" he asked.

"It's like one of the great mysteries of the world and the ACCC have to get to the bottom of this because if there is collusion it's not okay."

The NRMA said the average price for unleaded fuel in Lismore on Thursday was $1.21.3 per litre, which should fall to $1.15 in coming weeks.

NRMA North Coast director Wendy Machin said there was "no reason why falling world oil prices should not be passed on to regional motorists".

"This year both the NSW Government and the ACCC will oblige service stations and the major retailers to display their prices in real time online," Ms Machin said. "This follows years of NRMA lobbying for just such a measure.

"It will be the single most meaningful step to date toward motorists getting the good oil about this important household expense."


For unleaded/diesel:

Ballina $1.29.5/$1.30.1

Casino $1.09.4/$1.14.7

Lismore $1.22/$1.23.6

Murwillumbah $1.28.9/$1.25.6

Tweed Heads South $1.12.6/$1.23.6

SOURCE: Seven-day price average from on January 22

Topics:  accc kevin hogan northern rivers petrol price

STORM IS COMING: The entire Northern Rivers will be impacted

Stormy weather is coming this way.

Northern Rivers is in for some interesting weather today

Coraki clinic closes and moves the doctor to Casino

No doctor for Coraki again.

Coraki has a hard time keeping a doctor

Ten things to do this week

A photo from the 2015 Pink Halloween event, hosted by Lismore charity Jodie's Inspiration.

Halloween, shows, music, art and more

Local Partners

Car chases and ducks, all in a day's work at cafe

ANYONE who has travelled the Pacific Highway between Sydney and Brisbane would know of the Parkside Cafe at Woodburn.

Stunning orchids on show in Lismore tomorrow morning

ONE of the magical orchids in show at Lismore Central at this year's Northern Rivers Orchid Species Society annual show.

Nature's most exotic works of art on show

Ten things to do this week

A photo from the 2015 Pink Halloween event, hosted by Lismore charity Jodie's Inspiration.

Halloween, shows, music, art and more

Exterminate! Exterminate! The Daleks are coming

BCC Lismore will be screening a limited-run theatrical special presentation event of Doctor Who: The Power of the Daleks animated series from Saturday, November 12.

A much celebrated Doctor Who story is coming to Lismore and ByronBay

Mariah Carey and James Packer discussing relationship

Mariah Carey and James Packer are discussing how to work things out

January Jones: Take time away from your phone

January Jones needs time away from her phone

Mel C won't return to Spice Girls for daughter

MEL C is adamant she won't reunite with the Spice Girls

60's British rock legends to return to Australia

The Troggs will play a string of dates across Australia in November.  Photo Contributed

We all remember 'Wild Thing' and now you can hear it live.

Depp jumps ship from agency of 25 years

Johnny Depp has signed to CAA after 25 years with the United

Orlando Bloom 'buried' Katy Perry in birthday flowers

Orlando Bloom "buried" Katy Perry in flowers for her birthday

Want to own one of Australia's best restaurants?

TOP GONG: Mooloolaba Spice Bar has been named in TripAdvisor's Top 10 Australian restaurants for 2016.

Here's your chance to pick up one of the Coast's favourite eateries

Tough times in CBD: Woolies says goodbye Ipswich

Woolworths in the Ipswich Mall.Photo: Rob Williams / The Queensland Times

The last day of trading will be January 1

Look at me! Kath and Kim home up for sale

Kath and Kim from the iconic Aussie TV series.

'Crack open the Baileys and grab a box of BBQ Shapes'

Hinterland horse stud passed in for $8.25 million

UNREAL: This Maleny estate is incredible.

12-bedroom hinterland horse stud still available

Hit songwriter's Noosa mansion on market

SPECIAL PLACE: The Cintamani estate is going to tender, marketed by Tom Offermann Real Estate.

Is this Queensland's best property?

Ready to SELL your property?

Post Your Ad Here!