Original article by Peter Ker
The Australian Financial Review – Page: 21 : 8-Jan-15

The Australian Government has ordered a review of Australia’s fuel pricing system. The Australian Competition & Consumer Commission will monitor oil companies for three years. Viva Energy CEO Scott Wyatt said on 7 January 2015 that the pricing system works well. It is transparent and fast enough to ensure that savings resulting from lower oil prices are promptly passed on to retailers and motorists, he argued

CORPORATES
AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, VIVA ENERGY AUSTRALIA LIMITED, AUSTRALIAN INSTITUTE OF PETROLEUM LIMITED, EXXONMOBIL AUSTRALIA PTY LTD, 7-ELEVEN STORES PTY LTD, WOOLWORTHS LIMITED – ASX WOW, COLES GROUP LIMITED, WESFARMERS LIMITED – ASX WES, ROYAL AUTOMOBILE CLUB OF VICTORIA (RACV) LIMITED, AUSTRALIA. DEPT OF INDUSTRY