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Australian Airports Increase Infrastructure Investment, Potential Airfare Hikes

Australia's four major airports increased infrastructure investment by 43.6% in 2024-25, investing $1.5 billion. However, the ACCC warns that higher airport charges to airlines may lead to increased airfares for passengers.

ACCC Monitors Petrol Prices Amid Middle East Conflict

The Australian Competition and Consumer Commission (ACCC) is monitoring petrol prices in response to the Middle East conflict and its impact on international crude oil costs. The ACCC has reminded fuel companies of their obligations under the Australian Consumer Law regarding price increase representations and stated it will take action against anti-competitive behaviour.

ACCC to Scrutinise Fuel Pricing Amid Middle East Crisis

The Australian Competition and Consumer Commission (ACCC) will increase scrutiny of fuel pricing and distribution amid the Middle East crisis. The ACCC will hold urgent meetings with fuel market participants and commence weekly market updates to enhance transparency and address consumer concerns about price spikes and regional supply issues.

ACCC Monitoring of Fuel Prices

The Australian Competition and Consumer Commission (ACCC) has launched a new weekly fuel price monitoring update, highlighting significant and rapid price variations in petrol and diesel across Australian capital cities. The ACCC is seeking explanations from major fuel retailers regarding these price movements.