Petrol retailers have been warned by the competition watchdog, the ACCC, that they should not use the current COVID 19 pandemic to further increase profits, and should pass on the full benefit of falling oil prices to motorists.
A survey of 22,000 motorists in Victoria, carried out in late 2019, has found that more of them prefer hybrid power for their next car, rather than a petrol engine, while the preference for all-electric vehicles is also growing.
Toll road operator Transurban is partnering with location service platform provider Bluedot to launch a new app, which the two companies say is helping Australian motorists automatically track and pay for tolls on their smartphone.
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