Viva Energy Approved to Acquire 100 Petrol Stations
Viva Energy has secured approval to acquire the remaining 50% stake in LOC Global from New World Corporation, following an […]
Viva Energy Approved to Acquire 100 Petrol Stations Read More »
ACCC
Viva Energy Offers Divestiture to ACCC for OTR Acquisition
Viva Energy has submitted a proposal to the Australian Competition and Consumer Commission (ACCC) for a legally binding divestiture in
Viva Energy Offers Divestiture to ACCC for OTR Acquisition Read More »
ACCC Concerns Over Viva Energy’s OTR Group Acquisition
The competition regulator in Australia has expressed concerns about Viva Energy’s purchase of the OTR Group from Peregrine Corporation, despite
ACCC Concerns Over Viva Energy’s OTR Group Acquisition Read More »
ACCC proposes to grant authorisation to BP Australia Pty Ltd
The ACCC has issued a draft determination proposing to grant authorisation to BP Australia Pty Ltd to expand the BP
ACCC proposes to grant authorisation to BP Australia Pty Ltd Read More »
‘On notice’: Jim Chalmers sets ACCC on ramped up fuel price monitoring
Less than a month out from the reintroduction of the full fuel excise, Treasurer Jim Chalmers has set the Australian
‘On notice’: Jim Chalmers sets ACCC on ramped up fuel price monitoring Read More »
ACCC to monitor petrol prices following cut in fuel excise
The ACCC notes today’s Federal Budget announcement of a six-month reduction in fuel excise from midnight tonight. Under direction from
ACCC to monitor petrol prices following cut in fuel excise Read More »
EG service station group could float Australian unit
Global petrol station and fast-food outlet owner EG is believed to be considering an initial public offering of its $1.7bn
EG service station group could float Australian unit Read More »
Compliance officers to check on regional fuel retailers
Consumer and Business Services compliance and enforcement officers will be out in force in regional areas of South Australia to
Compliance officers to check on regional fuel retailers Read More »
Compliance officers to check on regional fuel retailers
Consumer and Business Services compliance and enforcement officers will be out in force in regional areas of South Australia to
Compliance officers to check on regional fuel retailers Read More »
ACCC gives Woolies, PFD acquisition the thumbs up
The ACCC will not oppose Woolworths Group’s plan to acquire food distributor PFD Food Services following a detailed investigation. The
ACCC gives Woolies, PFD acquisition the thumbs up Read More »
Cheaper petrol at independent chains offers half a billion dollars in savings
Independent petrol retail chains Speedway, Metro Petroleum, United, Vibe and FuelXpress had the cheapest petrol in Australia’s eight capital cities
Cheaper petrol at independent chains offers half a billion dollars in savings Read More »
‘We’ll be calling that out’: ACCC puts petrol retailers on notice as motorists take hip pocket hit
The ACCC has put petrol retailers on notice, declaring their margins should fall this year as fuel prices rise from
Petrol prices ended bumpy year slightly lower as demand rebounded
Petrol prices in Australia’s five largest cities stabilised at the end of 2020 after an unpredictable year and petrol sales
Petrol prices ended bumpy year slightly lower as demand rebounded Read More »
ACCC says Woolworths’ proposed $552 million acquisition of food distributor PFD could restrict competition
Key Points: The ACCC is concerned the merger will restrict choice for food manufacturers and lessen competition between independent supermarkets
Oil companies authorised to cooperate to secure fuel supplies during COVID-19
The Australian Institute of Petroleum (AIP) and major oil refiners have been granted authorisation by the ACCC to continue cooperating
Oil companies authorised to cooperate to secure fuel supplies during COVID-19 Read More »
Proposal to allow continued cooperation on fuel supply security measures
The Australian Institute of Petroleum (AIP) and major oil refineries will be allowed to continue to cooperate on measures to
Proposal to allow continued cooperation on fuel supply security measures Read More »
Anthony Lynham writes to ACCC over north west Queensland fuel prices
The Palaszczuk government is seeking an independent investigation into fuel prices in Mount Isa and Cloncurry. Energy Minister Dr Anthony
Anthony Lynham writes to ACCC over north west Queensland fuel prices Read More »
NT Chief Minister threatens ‘extreme measures’ against fuel companies to enforce lower petrol prices
Key points: The ACCC says there is no legislation that prevents high prices The margin between wholesale and retail prices
Labor MPs call for an ACCC inquiry into why prices are so high
The price of petrol in Tasmania remains unacceptably high despite a recent oil price slump, federal Labor members say. Interstate
Labor MPs call for an ACCC inquiry into why prices are so high Read More »
ACCC calls on fuel companies to quickly pass on the benefits of falling crude oil prices to motorists
Key points: The ACCC says fuel companies should pass on cheaper prices faster at the pump The NRMA says is
South West politicians ask ACCC to investigate disparity in regional petrol prices
Key points: South West WA politicians say it’s “incredibly unfair” that the drop in petrol prices isn’t being passed on
South West politicians ask ACCC to investigate disparity in regional petrol prices Read More »
ACCC bites the bullet on fuel security
Last week the Australian Competition Consumer Commission relaxed competition regulations designed to stop price gouging at the bowser to ensure
ACCC bites the bullet on fuel security Read More »
Oil companies allowed to co-operate to secure fuel supply during COVID-19 pandemic
Major oil refiners and the Australian Institute of Petroleum (AIP), the industry’s representative body, have been granted interim authorisation by
Oil companies allowed to co-operate to secure fuel supply during COVID-19 pandemic Read More »
Get petrol under $1.20, says ACCC chief Rod Sims
Australian Competition and Consumer Commission (ACCC) chair Rod Sims has warned petrol companies to cut their prices to well below
Get petrol under $1.20, says ACCC chief Rod Sims Read More »
RAA says SA country petrol too expensive
Petrol prices in regional South Australia are too high, prompting calls for recent cuts to wholesale prices to be passed
RAA says SA country petrol too expensive Read More »
ACCC launches team to crackdown on price gouging, consumer rip offs amid coronavirus shutdowns
The competition watchdog has created a new team to look out for price gouging and consumer rip offs as the
Australian motorists must benefit from any sustained crude oil price fall
The ACCC will closely monitor retail petrol price movements in Australia in the coming weeks to determine if the recent
Australian motorists must benefit from any sustained crude oil price fall Read More »
Watchdog ‘monitoring petrol prices’ to ensure motorists benefit from oil price fall
It appears the consumer watchdog has our backs, with the ACCC revealing they will be keeping a close eye on
Watchdog ‘monitoring petrol prices’ to ensure motorists benefit from oil price fall Read More »
ACCC wants to see Tasmanian drivers pay less for petrol the wake of Coronavirus Oil Price Crash
The head of Australia’s consumer watchdog says petrol prices in Tasmania should drop by around 25 cents a litre in
ACCC to look at EG Group’s Caltex bid
A takeover offer for Caltex by Britain’s EG Group will face a probe by the competition regulator if it proceeds
ACCC to look at EG Group’s Caltex bid Read More »