News

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."

WHAT YOU'RE PAYING

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 motormouth.com.au on January 22

Topics:  accc kevin hogan northern rivers petrol price



State MPs divided over calls for flood review

Member for Lismore Thomas George MP at the North Coast TAFE Wollongbar Campus annual Awards of Excellence.

Tweed, Lismore MP weigh into review talks

Pencil in annual leave: Jetstar flights sale on now

There are many escape-to-paradise options with Jetstar's sale.

Cheap flights out of here just before winter starts.

Climbing for Lismore flood fundraiser

The 2017 Lismore Flood

SCU student to climb Mont Blanc for Lismore.

Local Partners

Bring the Ski Jump to Lismore, says MP

PAGE MP and Lismore mayor say if Lennox Head doesn't want the proposed Ski Jump, then bring it to Lismore.


First female superhero film in 12 years

AMAZON: Actress Gal Gadot in a scene from the film Wonder Woman.

Wonder Woman opens next Thursday

Stories Troy Cassar-Daley carries around

LEGEND: Troy Cassar-Daley after receiving the Golden Guitar Award for Album of the Year during the Tamworth Country Music Festival in January.

You can see him in Ballina this weekend

What to expect at Birds of Tokyo's Ipswich gig

The band will perform at the Racehorse Hotel on Friday.

BAND member Glen Sarangapany talks music, pub grub and doing shoeys

Concert death toll revised up to 22, tour suspended

TWENTY-TWO people have been killed and at least 59 people have been injured following a terror attack in Manchester

Nattali Rize at the top of the charts

ARTIST: Australian reggae artist Nattali Rize has Native American and Samoan roots and lives between Byron Bay, Cairns and Jamaica.

Her debut album hit the top at the Global Reggae Charts

Casual Keanu says fame is ‘cool’

Keanu Reeves in a scene from the movie John Wick: Chapter 2.

NOBODY expected much of John Wick when it was released in 2014.

Ariana Grande breaks her silence after fatal blast

According to reports quoting witnesses, a mass emergency evacuation was prompted after explosions were heard at the end of US singer Ariana Grande's concert in the arena.

The entertainment industry is in shock after attack on concert

Pitch Perfect star suing Woman’s Day over ‘liar’ articles

Actor Rebel Wilson outside court on Friday.

REBEL Wilson's career destroyed by grubby campaign, court hears.

First female superhero film in 12 years

AMAZON: Actress Gal Gadot in a scene from the film Wonder Woman.

Wonder Woman opens next Thursday

Seven Year Switch: The boner to end all boners

Johnny’s outraged over claims he has a cracked boner.

She gulps. Her face says it all.

Bonville to become new housing hub

REZONING: Large areas of Bonville have been rezoned for residential

Land rezoning will turn farmland into housing

One of Maryborough's most historic homes is still for sale

FULL OF HISTORY: Trisha Moulds is owner of the historic Tinana state known as Rosehill. The beautiful home is currently for sale.

It has been the scene of both joy and tragedies over the years.

The face of the Sunshine Coast's overpriced rental crisis

Alyx Wilson had to rent a $385 unit in Currimundi because the market was too competitive for cheaper rental housing. She is now renting a room from friends who own a house in Currimundi, and says its much more affordable.

Young people feel the strain in competitive, expensive rental market

WATCH: Take a tour of a tradie's dream home

5a Bruce Hiskens Court, Norman Gardens, going for $720,000. INSET: Lea Taylor.

Huge block with potential for anything

REVEALED: Where it's cheaper to pay off a mortgage than rent

6/190 Ewing Rd, Woodridge, is listed for offers $215,000. Picture: realestate.com.au

Brisbane suburbs where it is cheaper to buy than rent

Ready to SELL your property?

Post Your Ad Here!