Is anyone else cringing whenever they drive past a petrol station sign? Average petrol prices have now reached their highest point in around a decade, with the national average sitting at 159.3 cents per litre. Here's how you can avoid paying too much for your next tank of petrol.
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The chairman of the ACCC Rod Sims has echoed common Australian sentiments, saying that petrol prices are just too high. Unfortunately even the ACCC doesn't have a clear course of action that can be taken to lower prices, though it does have some solid advice for consumers looking to avoid getting ripped off.
Did you get a nasty surprise last time you went to fill up your petrol tank? Fuel prices across Australia are spiking, with prices in major cities reaching highs that have not been seen in many, many years. The bad news is, economists have predicted that prices will remain high throughout the school holidays, which start next week in NSW.
A combination of rising crude oil prices, bigger retail margins and a stronger global economy has meant Aussie petrol prices have continued to climb over the past month. The result? Aussies are having to spend an extra $20 a month on petrol compared to the same time last year.
If you're looking to save money at the bowser, here's a few apps that can save you big time.