This Month
Transport costs up 10 per cent nationwide as petrol stokes inflation
The rising cost of diesel in the past three years has put a dent in Jesse Bradley’s removalist business based in Queensland.
- Gus McCubbing
Transurban wants more drivers to see the benefit of toll fares
In a strategy presentation to investors, the motorway giant’s chief executive Michelle Jablko said the focus would be on ‘running the business better’.
- Jenny Wiggins
April
Melbourne, Brisbane should brace for bowser hit, retailers warn
Brent crude is up about 17 per cent since the start of the year, driven by supply concerns and escalating tension in the Middle East.
- Elouise Fowler
Sydney petrol hits record as traders brace for Israel retaliation
Petrol prices have steadily climbed with a higher oil price as analysts warn Brent could hit $US100 a barrel from the escalating tension in the Middle East.
- Alex Gluyas
British petrol station billionaires face Australian nightmare
Mohsin and Zuber Issa spent $1.7 billion to buy hundreds of Australian petrol stations in 2018 - but are now looking to sell.
- Sabah Meddings and Giulia Morpurgo
March
Why Formula 1’s fuel is going green
Pat Symonds wrote the rules that will compel Formula 1 cars to run on carbon-neutral fuel from 2026. Big oil companies are now racing to find solutions.
- Peter Ker
Car makers’ case against fuel standards misses the point: Grattan
A report by The Grattan Institute says proposed new fuel standards will raise car prices “by about only 1 per cent” and are critical for Australia to meet its 2050 net-zero emissions goal.
- Ben Potter
January
Motorists and RBA cheer 14pc fall in oil prices
A 14 per cent fall in oil prices since November is tipped to push inflation to its lowest level since late 2021 and deliver relief to motorists at the bowser.
- Michael Read
December 2023
Australia’s most expensive cities for petrol revealed
Motorists are copping the cost of volatile world oil prices, but relief could be in sight as upward pressure on prices begins to ease.
- Samantha Lock
How to save $25 on your next tank of petrol
With significant price differences in some neighbourhoods, fuel experts say it pays to shop around in the lead-up to Christmas.
- Updated
- Gus McCubbing
Petrol prices drop 30¢ at the bowser as oil slumps
It is good news for motorists as NRMA says petrol prices are expected to fall further across the country, unless you live in Sydney.
- Joanne Tran
November 2023
RBA warns of ‘bumpy’ inflation fight
The Reserve Bank has warned of a prolonged campaign to reduce inflation, as it grapples with strong domestic price pressures in services and petrol price shocks.
- John Kehoe
Viva to supersize returns from petrol stations
The push into convenience retailing means Viva Energy may be discussing dropping the ‘energy’ part of its name in five years, says CEO Scott Wyatt.
- Angela Macdonald-Smith
We’re buying hybrids instead of EVs, and it’s a problem for Labor
Cash-strapped buyers unable to afford EVs are snapping up hybrids, posing a cost-of-living challenge to proposed Labor emissions rules.
- Jacob Greber and Tom Rabe
Petrol prices to drop as Middle East supply fears ease
NRMA said prices in some Australian cities were hitting the top of their cycle as geopolitical tensions in the Middle East appeared to have subsided.
- Joshua Peach
October 2023
- Updated
- Interest rates
Chalmers resists RBA rates risks
Treasurer Jim Chalmers has resisted predictions from economists that strong inflation data will force the RBA to raise the cash rate up to two more times.
- Updated
- Michael Read
Viva underperforms on Geelong refinery troubles
Repairs were expected to be completed by the end of September, but Viva is not finding it that simple to return to full-tilt production.
- Elouise Fowler
‘Only buy stuff for our kids’: Families pull back on spending
Petrol prices are just one of the rising costs pushing cellist Hanna Oblikov to cut back on new clothes and eating out – and research shows she’s not alone.
- Euan Black
- Updated
- Jobs
Chalmers warns Mid-East conflict to drive inflation
The treasurer warns the crisis could further drive up oil prices, as economists predict inflation figures may trigger another interest rate rise.
- Updated
- Michael Read
Why petrol over $2 a litre will hit differently this time
Companies facing higher costs will have less capacity to pass them onto already struggling customers, meaning profit margins will be squeezed by pricey fuel.
- Ronald Mizen
