The Government is taking action to help ensure working families are not paying more than they have to at the bowser.
Keeping track of petrol prices
A National FuelWatch Scheme
The Government will promote competition and transparency in the retail petrol market through the introduction of a National FuelWatch Scheme, commencing on 15 December 2008.
No longer will motorists drive past a petrol station in the morning only to return in the afternoon to find a 10 cent jump in the price of petrol. Under the National FuelWatch Scheme, petrol stations will be required to advise the ACCC of their next day's prices by 2.00 pm each day and keep prices at this level for 24 hours.
Motorists will be able to find out petrol prices for the next day simply by making a phone call or logging on to a website. This means families will know where and when to buy the cheapest petrol in their area, rather than having to guess the best time and place. The National Fuelwatch Scheme will cost $20.9 million over four years from 2008-09.
Household petrol expenditure
Motorists will know where and when to buy the cheapest petrol in their area.