A PYMNTS Company

Australia: ACCC urges consumers to use petrol price comparison apps

 |  February 22, 2017

Australian Competition and Consumer Commission chairman Rod Sims says fuel price comparison tools that help motorists pinpoint the cheapest deals were helping some save as much as $15 each time they filled up their tank.

“The ACCC estimates that by timing their purchases of petrol, and choosing to buy from the lowest priced retailer, motorists filling up a vehicle with a 60 litre tank could save themselves around $10 to $15 per tank of petrol,” he says.

There’s a mix of government and privately run apps and websites, including FuelCheck, MotorMouth, GasBuddy and NRMA apps.

It says the usage of these price comparison tools has increased sharply, from 4 million hits in the December quarter in 2015 to about 21 million hits in the same quarter last year.

Full Content: Sydney Morning Herald

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.