Victoria introduces daily petrol price caps to curb fuel gouging amid Iran-Israel war: Will it make a difference?

Amid rising fuel prices, the Victorian government has announced new anti-price gouging laws requiring petrol stations to set their maximum fuel prices the night before and display them publicly. While the government says the move will help motorists compare prices and avoid multiple price surges within a single day, some in the industry told SBS Punjabi that price fluctuations are also driven by consumer panic and uncertainty around oil supplies. Will the new rule bring relief to customers? Listen to the podcast for more details.

Daily expenses hampered, say Australians, due to fuel price hike. Credit: AAP/Supplied

A service station worker, Ansh, told SBS Punjabi that price hikes are often driven by public fear and a lack of clarity about the country’s oil reserves.

Meanwhile, community members like Inderjit Singh are calling for more standardised pricing policies.

Will the new rule bring relief to customers? Listen to the full podcast for all the details.

LISTEN TO

Victoria introduces daily petrol price caps to curb fuel gouging amid Iran-Israel war: Will it make a difference?

SBS Punjabi

09:30Panjabi

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