Factsheets

Fuelwatch - and finding cheaper fuel now

Apr 16 07:57am

- Federal plan to monitor petrol prices for consumers

The Federal government has decided to formalise a national approach to petrol price monitoring. Beginning by December, 2008, the FuelWatch scheme will see petrol stations in regional and metropolitan areas forced to publish prices 24 hours in advance.

The aim is to provide greater choice for motorists. There is no conclusive evidence prices are lowered by such a system.

"What FuelWatch will do is give motorists much greater power," ACCC chairman Graeme Samuel told ABC Radio on Wednesday.

"They'll know when the price is going to increase. They'll also know when they're going to decrease and they can therefore defer their buying until they (fuel prices) get to their lowest points."

How to track prices now

NSW has now come into line with WA and VIC in offering a petrol price-watch scheme providing daily updates on average process in the capital city and surrounds.

Sydney Petrol watch – thanks to NRMA

- Sydney averages

- Sydney in detail suburbs with the best prices

- NSW averages – covers major cities and towns

Melbourne Fuel watch – thanks to RACV

- City and surrounds averages and trends

Perth Fuelwatch – thanks to WA Government

- All averages search by region, type or brand

- Free daily emails

More info

Search ‘petrol’ on Yahoo!7 NEWS

15 hour window to buy petrol: ACCC - Y7 NEWS (16 April)

Do you have a secret fuel station you that offers cheap fuel consistently? Tell us below ...

13 Comments Report Abuse

1. john_loves_sam - Apr 14 05:02pm

The Petrol Commissioner wants to introduce Fuel Watch similar to WA and savings will be 5 cents per litre. Assuming a stable dollar and oil price, in Adelaide the cheapest price is 138.2/litre (14 Apr 2008, 3.30pm ex shop discount schemes) then can we expect the price of petrol to be 133.2/litre.

2. mykawhitchurch - Apr 15 10:42am

FUEL WATCH WOULD BE GREAT,WE LIVE IN TASSIE IN A SMALL COUNTRY TOWN CALLED DELORAINE I WENT TO THE PETROL STATION YESTERDAY AND HAD TO PAY 1.59.9 A LITRE FOR PREMIUM FUEL I WENT TO LAUNCESTON THAT NIGHT A NOTICED THAT THE FUEL IN THERE WAS JUST AS MUCH WITH DEISEL BEING $1.65.9 A LITRE. ITS TOUGH!!!

3. ladyoz48 - Apr 15 12:52pm

Dont forget Canberra in the Fuel watch programme

4. fumpasaurus - Apr 15 06:09pm

I moved to WA 18 months ago. The real benefit of fuel watch is being able to check petrol prices along your route before you leave home. You can see at a glance where it's cheapest...and it stays that price all day...so you can just follow the cheapest petrol each time you buy.

5. david.golledge - Apr 16 07:29am

How would fule watch combat prices between NSW and QLD when they are often as much bas 20 cents per litre less expensive than in NSW. The only way we will ever have regulated fuel is if all states are tretaed the same by the Government, why does this not happen, it should never be more expensive.

6. cootajo - Apr 16 07:38am

I would like to know why country towns are penalised by expensive petrol, we do not obtain the benefits of cities & their cheap day prices. Considering most towns do not have the luxury of public transport, we rely heavily on our car as our only mode of mobility.Too much money "bring to the country

7. michael_crockford - Apr 16 07:55am

hi gang does it sit funny that we pay double for the same petrol on monday and then on tuesday the petrol has been sitting in the same tank has not been change no tanker delivery where do they justify the price increase.

8. lockwoodsjj - Apr 16 12:52pm

Today in Mt Lawley (inner suburb of Perth, WA) is: unleaded 138.5 cpl ; Bio diesel (which is generally 3-4 cpl cheaper than standard diesel) is 158.5 cpl and LPG is 61.9 cpl. The only real benefit to WA's fuelwatch is that the price stays the same ALL day. I doesn't actually make fuel cheaper!

9. katyg333 - Apr 16 06:26pm

Petrol prices are just another blow for the battlers in the bush. I spend one days worth of wages a week driving to work in the next town. We only have one service station and no public transport. The farmers get tax rebates. What about the rest of us?

10. holden_1985 - Apr 16 09:14pm

How can petrol prices jump 10 cents in a matter of hours when the petrol station hasnt had a tanker in to fill the tanks for a few days to a week, Its not right that the petrol stations can pay a price for the fuel and sell it for say 1.30/L then the next day sell exactly the same fuel for 1.40/L

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