Tim Ayres (NSW, Australian Labor Party, Minister for Industry and Innovation) Share this | Hansard source

I thank Senator Grogan for that question as well. We're cracking down on petrol price gouging. While the ACCC is allowing the major fuel suppliers to coordinate their activity to get fuel to the parts of the country and to businesses that are facing shortages, it doesn't mean that they can jointly agree on prices or share information about prices. In fact we have doubled penalties up to $100 million for false or misleading conduct and for cartel behaviour.