The ACCC is doing its bit to maintain high petrol prices at the checkout:
The Australian Competition and Consumer Commission has launched Federal Court action against Coles and Woolworths for allegedly breaching undertakings to cap petrol discounts at 4¢ a litre.
“The ACCC takes alleged breaches of undertakings extremely seriously. Such undertakings are generally accepted by the ACCC as an alternative to the ACCC taking court enforcement action,” ACCC chairman Rod Sims said in a statement on Tuesday.
Coles has started an advertising campaign for a 14¢ discount fuel offer that enables consumers to save 10¢ a litre on fuel, on top of the capped 4¢ a litre shopper docket discount, if they simultaneously spend $20 or more on groceries at a Shell Coles Express.
So here is a series of questions for Joe Hockey:
- Do you remember $14 per kilo bananas?
- Do you remember being slaughtered by the ALP in 2007 over cost of living pressures?
- Did you enjoy being in opposition between 2007 – 2013?
- Is there any good reason why you haven’t picked up the phone and told the ACCC to pull its head in?