Territory Stories

Report on the Darwin petrol market

Details:

Title

Report on the Darwin petrol market,

Collection

E-Publications, E-Books, PublicationNT,

Date

2015-11-01,

Location

Darwin,

Notes

The first market study report under the petrol monitoring arrangements announced by the then Minister for Small Business, the Hon. Bruce Billson MP, in December 2014., Made available via the Publications (Legal Deposit) Act 2004 (NT).,

Table of contents

Key points: 1. Petrol prices in Darwin have been significantly higher than other capital cities -- 2. High prices in Darwin were mainly due to high retail margins and profits -- 3. Darwin market structure is very concentrated -- 4. Weak retail competition in Darwin resulted in higher retail margins and profits -- 5. New entry into petrol retailing has the potential to resolve the competition problem in Darwin -- 6. The key steps to take are increased transparency and promotion of competition. Appendix A-F,

Language

English,

Subject

Petroleum -- Northern Territory -- Darwin, Petroleum products -- Prices -- Northern Territory,

Publisher name

Australian Competition and Consumer Commission,

Place of publication

Canberra (A.C.T.),

Format

60 pages : colour graphs, statistics ; 30 cm.,

File type

application/pdf,

ISBN

9781922145659,

Use

Copyright,

Copyright owner

Australian Competition and Consumer Commission,

License

https://www.legislation.gov.au/Details/C2019C00042,

Parent handle

https://hdl.handle.net/10070/266785,

Citation address

https://hdl.handle.net/10070/447826