THE NATIONALS NEED TO EXPLAIN WHY THE GOVERNMENT WON’T ACT ON MID-NORTH COAST PETROL PRICES
Petrol prices in some parts of the Mid-North Coast are forty per cent higher than the cost of petrol near Scott Morrison’s electorate in Sydney.
Today (Monday, 3 December 2018), petrol in Port Macquarie was $1.579 a litre – 44 cents a litre higher than at a petrol station in the Sutherland Shire, the home of Scott Morrison.
- $1.139 at Jannali in the Sutherland Shire
- $1.149 at Rozelle in inner Sydney
- $1.298 in Wagga Wagga
- $1.395 in Orange
- $1.419 in Kempsey
- $1.509 in Coffs Harbour
- $1.579 in Port Macquarie
Something is going seriously wrong when petrol in Port Macquarie is 40 per cent more than Sydney and 20 per cent more than other major regional centres.
We need answers.
The National Party needs to explain why its government won’t ask the Australian Competition and Consumer Commission (ACCC) to examine the conduct of petrol companies.
At present, the ACCC can only investigate a matter after being formally asked to do so by the Government.
In government, Labor will give the ACCC stronger powers to be able to examine the conduct of petrol companies.
Labor would provide the ACCC with a market studies power, making sure they can go in and investigate when they see problems rather than waiting for a reference from the Government.
Labor has proposals to have tougher penalties for petrol companies where we find them gaming the market which will introduce tougher penalties on the petrol companies.
We’d boost the ACCC’s litigation budget, making sure that they can take wrongdoers to court. We’ve got to drive those margins down, so we drive consumers’ petrol dollars further.
Further, it appears the last time that the ACCC considered the matter of regional petrol prices was during the Gillard Labor Government in 2012. The ACCC website last published information on regional petrol prices in April 2012.
For all their bleating in the media, the Nationals would be better off talking to their colleagues about getting lower petrol prices in Port, Coffs, Kempsey and the Mid-North Coast.
MONDAY, 3 DECEMBER 2018