Market study on petrol prices in Launceston

Overview

Launceston is the second regional location being studied by the ACCC under the petrol monitoring arrangements announced by the Minister for Small Business, the Hon Bruce Billson MP, in December 2014.

The aims of this market study are to explain why prices are higher in Launceston relative to the larger capital cities and to explain each component of the prices paid at the bowser.

The ACCC is using its compulsory information gathering powers under Section 95ZK of the Competition and Consumer Act 2010 to obtain information from participants in the Launceston fuel market.

The market study of Launceston petrol prices is expected to be completed in the second half of 2015.

Comments and information

The ACCC is interested in receiving any comments or information that consumers, industry participants, stakeholders or any other interested parties may wish to provide about petrol prices in Launceston.

Information gathered through this process can help the ACCC understand the dynamics of the petroleum industry in Launceston.

The deadline for receipt of comments or information is 31 July 2015.

While all comments or information received by the ACCC will be carefully considered you will only be contacted by the ACCC if required.