petrol prices

Petrol stations are being urged to pass on falling oil prices at the pump as motorists continue to suffer the financial fallout of the coronavirus crisis. Since the start of the year, weekly average international crude oil prices have decreased by around ... More

The global oil market is in a mess, but it's not all bad news for consumers. It all started last week. In an attempt to maintain oil prices amid sliding demand due to COVID-19, the OPEC cartel agreed to cut production. But the cut was reportedly ... More

Motorists are getting short-changed at the bowser, paying for more fuel than they put in their tanks. One in 20 of the 1340 pumps tested were found to be inaccurate, according to a national audit by the National Measurement Institute (NMI). This translated ... More

The price of petrol is an everyday barometer for the cost of living, one advertised in bright neon lights on a street corner near you. New research by the Australian Competition and Consumer Commission (ACCC) shows that motorists can potentially save ... More

Ahead of the Queen's Birthday long weekend, Aussies hitting the road should shop around to find the cheapest petrol in their area and even drive a bit further to save some money. While Perth and Brisbane won't enjoy the public holiday, the good news ... More

Last year was a particularly tough one at the petrol pump. According to the ACCC, prices rocketed up to 10-year highs in late October, with daily averages hitting 159.9 cents a litre in the five largest cities for base-grade petrol. "Petrol prices ... More

Buying and running a car can put a big strain on the budget so Money teamed up with Wheels to find the best value car for you Young couples/singles Winner: Kia Picanto S The cheapest car to run in Australia is the Kia Picanto S. Only grabbing a bus ... More

With the cost of petrol these days, anything you can do to reduce the cost of motoring is welcome. Significantly, if you use your own car to help you earn taxable income (as part of your job, for instance), you can claim a tax deduction for any costs ... More

As my crystal ball is in the repair shop after an appalling lack of accuracy in the footy finals, I'll have to go back to basics. The three key influencers of petrol prices across Australia are: the price of crude oil, the $A to $US exchange rate ... More

The popular perception is that we are being ripped off at the pump. Our petrol price is set not by the west Texas crude standard but Singapore's MOGAS. In January that sat at about $A51 a barrel, which represented a fall of $A28 since mid-2015. The ... More