House debates

Tuesday, 8 August 2006

Questions without Notice

Fuel Prices

3:07 pm

Photo of Wayne SwanWayne Swan (Lilley, Australian Labor Party, Shadow Treasurer) Share this | Hansard source

My question is to the Treasurer. I refer to the Treasurer’s numerous assurances that the ACCC is constantly monitoring petrol prices to ensure that consumers are not being gouged by oil companies. Treasurer, is it the case that according to a letter from the ACCC Chairman, Graeme Samuel, this price monitoring is limited to collecting incomplete data from oil company websites and filling in the gaps with six-month-old data? Treasurer, do googling and six-month-old data constitute effective monitoring? Will the Treasurer now instruct the ACCC to engage in formal price monitoring to enable them to demand and collect relevant data?

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