Motorists need to do more to stoke competition at the petrol pump

The Commerce Commission’s first report on the performance of the $10 billion fuel market shows motorists need to take action to stoke competition between petrol stations. While many petrol stations offered prominently advertised discounts, the discounted price of petrol often did not reflect the lowest price, the commission found. Motorists should shop around both to find the best deal and to encourage competition between retailers, he said. SUNGMI KIM/Stuff While many petrol stations offer discounts, the discounted price of petrol often does not reflect the lowest price, the Commerce Commission says. Automobile Association principal policy adviser, Terry Collins​ said large differences in petrol prices was often due to the volatility in the market.