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

11. nobbie7 - Apr 18 07:47am

I live in small town Strahan Tassie, will we get the fuel watch scheme here even though very few fuel station around towns near here? Last time I fueled up it was $1 70 litre for diesel. I havent heard fuel that expensive but it is here so will they be free of scheme so they get to continue this.

12. john_loves_sam - Apr 20 10:59pm

A couple of comments about the same petrol being sold at a dearer price between Tue and Wed. This holds true when the price goes down albeit at a slower pace. If by now motorists dont know how to take advantage of the price cycle, then they deserve to pay the higher price

13. shemlowskimartin - Nov 13 09:03am

I see a comment about the price cycle. What would you like to pay, 25cents at the bowser as they do in the United Arabic countries or have the fuel companies tell you when you can buy your petrol so you can have a day to to use your car.

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