Fuel taskforce launched after accusations of anti-competitive conduct

Australia’s major fuel suppliers are facing allegations of anti-competitive conduct in regional areas, leading to fuel shortages.

The prime minister has appointed a new fuel task force chair to coordinate supply.

The ACCC is investigating the major fuel suppliers over claims of misconduct with regional diesel availability.

The treasurer warns that inflation could climb above five per cent and economic growth will take a hit if the Middle East conflict drags on, necessitating a substantial savings package to address government spending pressures.