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Petrol prices rise in spite of strong Aussie dollar

Dr Lurion De Mello, Senior Lecturer, Department of Applied Finance at Macquarie University’s Business School, joins Michael regarding the recent rise of petrol prices which on the surface can’t be justified.

 

Last week saw the average price of unleaded petrol rising by a record 14.4 cents a litre, with no bigger jump having occurred in 17 years of records.

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