Nearly 100 NSW service stations face fines over misleading petrol prices amid fuel shortage crackdown

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In New South Wales, 93 service stations face fines for misrepresenting petrol prices, discovered during a two-week compliance check of nearly 1,800 stations registered with the FuelCheck app. The fines, up to $1,100 on the spot or $22,000-$110,000 in court, are for mismatches between prices displayed at the pump and those reported on FuelCheck. The NSW government is providing FuelCheck with additional funding to improve accuracy. While the government urges the public to report exploitative pricing, none of the fines were issued for price gouging. Fuel prices have recently dropped due to a cut in the federal excise and an agreement to pass on increased GST revenue to consumers. The ACCC is monitoring price movements and has called on retailers to pass on cuts quickly.
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Key Claims (5)
AI-ExtractedThe ACCC has announced a crackdown on price gouging.
NSW is providing FuelCheck with an additional $2.2 million in funding.
93 service stations in NSW are facing fines for misrepresenting their prices.
None of the NSW infringement notices were issued for price gouging.
Fuel prices have dropped since a cut to the federal excise by half.
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