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Fuel price comparisons delivering ‘perverse’ outcomes

Article image for Fuel price comparisons delivering ‘perverse’ outcomes

Petrol price comparison websites are being blamed for rising prices at the bowser.

The NSW Shadow Minister for Better Regulation Yasmin Catley says fuel checking websites might be used by retailers to lift prices to put smaller operators out of business.

She said they create an environment of collusion between the big petrol providers and is calling for the government to review its Fuel Check program.

The government has rejected her claims, despite petrol prices hitting a two-year high.

“I am concerned the government’s Fuel Check program is delivering perverse outcomes, putting upward pressure on fuel prices,” she tells Ben Fordham.

NSW Better Regulation Minister Matt Kean says it’s doing the opposite.

“This would have to be one of the craziest campaigns ever launched by Labor… a campaign to stop NSW motorists saving money at the bowser.

“It’s just a ridiculous claim to make, the reason petrol prices have gone up is because there’s been a 26% increase in global oil prices in the past 12 months.”

Listen to the full interview below 

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