Commerce and Consumer Affairs Minister Kris Faafoi says the Government is looking to make swift changes in the fuel market. As expected, the commission recommended regulations to require retailers to display premium fuel prices on price boards, and fuel cap stickers "to help consumers understand what grade of fuel their vehicle requires". He had written to fuel companies to suggest they move now on displaying premium brand petrol prices on forecourt display boards, before regulation comes in. Maarten Holl Mark Stockdale said the AA welcomed the idea of forcing petrol stations to show their premium petrol prices. "But unlike petrol, talk is cheap and the Government is a big part of the reason why petrol prices are so high.

Source: Stuff December 04, 2019 19:32 UTC