On 15 June 2007 the then Treasurer approved an ACCC price inquiry into the price of unleaded petrol.
Scope of inquiry
Matters considered by the inquiry included:
- the structure of the industry
- the extent of competition at the refinery, wholesale and retail levels, including the role of imports
- the determination of prices at each of these levels, including the methodology for determining wholesale prices
- impediments to efficient petrol pricing and possible methods to address them.