Calls Grow for ACCC Inquiry into Extended Petrol Price Cycles in Major Australian Cities
NRMA analysis reveals Sydney, Brisbane, and Melbourne motorists face higher fuel costs due to prolonged price cycles, prompting demands for federal action.
- NRMA analysis shows Sydney, Brisbane, and Melbourne have some of the highest petrol prices in Australia, despite being the largest markets where competition should drive prices down.
- Prolonged price cycles in these cities, lasting up to six to eight weeks, contrast with Perth's seven-day cycle, leading to significant annual cost disparities for families.
- Perth remains the cheapest capital city for petrol in 2024, while Canberra tops the list as the most expensive, followed closely by Brisbane, Sydney, and Melbourne.
- The NRMA and Queensland's transport minister are urging the federal government to initiate an ACCC inquiry into fuel price cycles, citing their impact on household budgets and inflation.
- The Albanese government has introduced pollution caps on new car sales starting January 1, aiming to promote fuel efficiency and reduce annual fuel costs for drivers by up to $1,000.
The Sydney Morning Herald 
Australian Broadcasting Corporation 