Petrol Prices Exploding in Australia – What the ACCC Can & Can’t Do

Petrol prices across Australia are suddenly rising again, and a lot of people are asking the same question: what is actually going on? In this live stream we break down the global situation, including the escalating conflict involving Iran and why it can have such a big impact on the price you pay at the bowser. We’ll also talk about the role of the ACCC (Australian Competition & Consumer Commission) — what powers they actually have when fuel prices spike, what they can investigate, and the big thing they cannot do: control petrol prices. Fuel prices in Australia are largely driven by global oil markets and international benchmark prices, meaning wars, supply disruptions and shipping routes like the Strait of Hormuz can influence prices locally. Join the discussion live and share what prices you’re seeing where you live. Sign up to Starlink and receive a FREE month! (And I get a month free too!): https://starlink.com/residential?referral=RC-872097-29571-24 For use globally, ANYONE can use and you will be helping the channel a lot!! GivesAMinute Official Meme Token: https://pump.tires/token/0x81aAF2953C20D11e25Acc8029cF0640c7EFE3154 Streamlabs TTS: ➜ https://streamlabs.com/givesaminute/tip Make A One-Time PayPal Contribution: ➜ https://www.paypal.me/GivesAMinute LinkTree: ➜ https://linktr.ee/GivesAMinute Merch: ➜ https://shop.spreadshirt.com.au/givesaminute Crypto Donate BTC: ➜ bc1qmh2zamv8ycx306z6n4228gv370m0r9gyzp3hc9 ETH: ➜ 0x493E951A6936dF2E4Ee4307f24EB8d3306bdBce0 Kit: ➜ https://kit.co/GivesAMinute Subscribe for more: ➜ https://youtube.com/c/givesaminute?sub_confirmation=1