According to the Australian Competitor and Consumer Commission’s latest petrol monitoring report, the major Australian capitals have seen a 12 cents per litre rise in average fuel prices since the December 2020 quarter.
ACCC Chair Rod Sims stated this increase is a flow-on effect from increased international crude oil and petrol prices.
The report also showed the demand for fuel remains below pre-pandemic levels this quarter, with sales impacted by the nation’s latest round of lockdowns.