{"id":"F2025L01598","name":"Competition and Consumer (Price Monitoring—Petroleum Fuels) Direction 2025","slug":"competition-and-consumer-price-monitoring-petroleum-fuels-direction-2025","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"in_force","isInForce":true,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":443090,"registerId":"F2025L01598-fast-fetch-1775958009028","compilationNumber":null,"startDate":"2026-04-12","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Competition and Consumer (Price Monitoring—Petroleum Fuels) Direction 2025","content":"---\nmeta-content-style-type: text/css\nmeta-content-type: application/xhtml+xml; charset=utf-8\ntitle: 250129_LI_TSY-48-0095_TMS_ACCC-petroleum-monitoring-direction-remake\n---\n\n![Commonwealth coat of arms of Australia](image.001.jpeg)\n\n \n\nCompetition and Consumer (Price Monitoring—Petroleum Fuels) Direction 2025\n\nI, Jim Chalmers, Treasurer, give the following direction to the Australian Competition and Consumer Commission.\n\nDated   10 December 2025\n\n \n\nDr Jim Chalmers\n\nTreasurer\n\n \n\n \n\n \n\n \n\nContents\n\nPart 1—Preliminary\n\n1 Name\n\n2 Commencement\n\n3 Authority\n\n4 Schedules\n\n5 Definitions\n\nPart 2—Price monitoring of petroleum fuels\n\n6 Object\n\n7 Commission to monitor prices\n\n8 Direction to give special consideration to specified matters\n\nSchedule 1—Repeals\n\nCompetition and Consumer (Price Monitoring—Petroleum Fuels) Direction 2022\n\n \n\nPart 1—Preliminary\n\n \n\n1  Name\n\n  This instrument is the Competition and Consumer (Price Monitoring—Petroleum Fuels) Direction 2025.\n\n2  Commencement\n\n (1) Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.\n\n \n\n- Commencement information\n- Column 1 Column 2 Column 3\n- Provisions Commencement Date/Details\n- 1. The whole of this instrument 1 January 2026. 1 January 2026\n\n\nNote: This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.\n\n (2) Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.\n\n3  Authority\n\n  This instrument is made under the Competition and Consumer Act 2010.\n\n4  Schedules\n\n  Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.\n\n5  Definitions\n\nNote: Expressions have the same meaning in this instrument as in the Competition and Consumer Act 2010 as in force from time to time—see paragraph 13(1)(b) of the Legislation Act 2003.\n\n  In this instrument:\n\nANZSIC means the Australian and New Zealand Standard Industrial Classification 2006 (1292.0), published by the Australian Bureau of Statistics, as in force on the day this instrument commences.\n\nNote: The Australian and New Zealand Standard Industrial Classification 2006 could in 2025 be viewed on the Australian Bureau of Statistics website (https://www.abs.gov.au).\n\nbulk petroleum storage sub-industry means so much of the following as relates to bulk petroleum storage services:\n\n (a) the other warehousing and storage services industry;\n\n (b) the port and water transport terminal operations industry.\n\nexempt supply has the same meaning as in Part VIIA of the Act.\n\nfuel retailing industry means the class of fuel retailing (class 4000) as classified in ANZSIC.\n\ngoods has the same meaning as in Part VIIA of the Act.\n\nother warehousing and storage services industry means the class of other warehousing and storage services (class 5309) as classified in ANZSIC.\n\npetroleum fuel manufacturing industry means the class of petroleum refining and petroleum fuel manufacturing (class 1701) as classified in ANZSIC.\n\npetroleum product wholesaling industry means the class of petroleum product wholesaling (class 3321) as classified in ANZSIC.\n\nport and water transport terminal operations industry means the class of port and water transport terminal operations (class 5212) as classified in ANZSIC.\n\nprice has the same meaning as in Part VIIA of the Act.\n\nquarter means a period of 3 months ending on 31 March, 30 June, 30 September or 31 December.\n\nservices has the same meaning as in Part VIIA of the Act.\n\nState or Territory authority has the same meaning as in Part VIIA of the Act.\n\nsupply has the same meaning as in Part VIIA of the Act.\n\nthe Act means the Competition and Consumer Act 2010.\n\nPart 2—Price monitoring of petroleum fuels\n\n6  Object\n\n  The object of this instrument is to:\n\n (a) continue the Commission’s monitoring of the prices, costs and profits relating to the supply of petroleum products in Australia for a further period of 5 years; and\n\n (b) direct the Commission to prepare reports in relation to the monitoring at least once every quarter.\n\nNote: The Competition and Consumer (Price Monitoring—Petroleum Fuels) Direction 2022 directed the Commission to prepare quarterly reports in relation to its monitoring of the prices, costs and profits relating to the supply of petroleum products in Australia for a period of 3 years commencing on 1 January 2023.\n\n7  Commission to monitor prices\n\n (1) Under subsection 95ZE(1) of the Act, the Commission is directed:\n\n (a) to monitor prices, costs and profits relating to the supply of goods and services in each of the following:\n\n (i) the fuel retailing industry;\n\n (ii) the petroleum product wholesaling industry;\n\n (iii) the petroleum fuel manufacturing industry;\n\n (iv) the bulk petroleum storage sub-industry; and\n\n (b) to give the Treasurer a report on the monitoring at least once every quarter during the period of 5 years beginning on 1 January 2026.\n\nNote: Under subsections 95ZE(2) and (3) of the Act, the Commission must, in preparing such a report, have regard to the need for commercial confidentiality and must make copies of the report available for public inspection as soon as practicable after it gives the Treasurer the report.\n\n (2) However, subsection (1) does not apply in relation to:\n\n (a) an exempt supply; or\n\n (b) the supply of a good or service by a State or Territory authority.\n\n8  Direction to give special consideration to specified matters\n\n  Under subsection 95ZH(1) of the Act, the Commission is directed to give special consideration, in exercising its powers and performing its functions under Part VIIA of the Act, to:\n\n (a) sections 5 and 6 of this instrument; and\n\n (b) monitoring the prices, costs and profits relating to the supply of:\n\n (i) petroleum fuel products; and\n\n (ii) services related to the supply of petroleum fuel products.\n\nSchedule 1—Repeals\n\nCompetition and Consumer (Price Monitoring—Petroleum Fuels) Direction 2022\n\n1  The whole of the instrument\n\nRepeal the instrument.\n","sortOrder":0}],"analysis":{"flash_summary_failed":{"failed":true,"reason":"A positive credit balance is required for all requests, including BYOK, so fallback providers remain available. Add credits at https://vercel.com/d?to=%2F%5Bteam%5D%2F%7E%2Fai%3Fmodal%3Dtop-up to continue.","source":"analysis-cron"},"kimi_summary":{"content_quality":"ok","complexity_score":2,"scope_assessment":{"changed":false,"description":"This is a straightforward remake of the 2022 Direction with identical scope. The only material change is the extension of duration from 3 years to 5 years and updated dates. The monitoring obligations, industry coverage, and exempt categories remain unchanged from the original instrument."},"complexity_factors":["Short instrument: only 8 substantive sections plus a repeal schedule","Minimal conditional logic: only one simple exception in section 7(2) exempting 'exempt supplies' and State/Territory authorities","Definitions rely heavily on external references (ANZSIC classification codes and Part VIIA of the Competition and Consumer Act 2010) rather than creating new defined terms","No nested exceptions or complex cross-referencing structures","Straightforward temporal operation: fixed 5-year period with clear commencement date","Single purpose instrument with no subordinate provisions or regulatory machinery"],"plain_english_summary":"This Treasurer’s Direction orders the ACCC to continue monitoring petrol and diesel prices for a further five years from 1 January 2026, with quarterly reports on prices, costs and profits across the fuel supply chain. It binds the ACCC and keeps fuel companies’ pricing under public scrutiny so consumers and policymakers can spot unexplained spikes or anti‑competitive behaviour."},"flash_summary":{"complexity_score":3,"scope_assessment":{"changed":true,"description":"Compared with the 2022 Direction, this instrument extends monitoring for a further five years beginning 1 January 2026 (instead of the prior three‑year period) while keeping the same industry scope, quarterly reporting requirement, ANZSIC definitions and the exclusions for exempt supplies and State/Territory authorities (s6; s7(2); Schedule 1)."},"complexity_factors":["Cross-reference to Part VIIA of the Competition and Consumer Act 2010 for the ACCC’s powers and reporting duties (ss7, 8).","Use of ANZSIC classifications to define industry scope (s5 ANZSIC; defined industry classes).","Temporal scope and repeal mechanics: five‑year term from 1 Jan 2026 and repeal of the 2022 Direction (s2; s6; Schedule 1).","Exclusions for exempt supplies and State/Territory authorities which narrow application (s7(2)).","Quarterly reporting cadence and public availability subject to commercial confidentiality considerations (s6; s7 note).","Limited direct obligations on industry in the instrument itself but potential compliance burden where the ACCC exercises information‑gathering powers under Part VIIA (ss7, 8)."],"plain_english_summary":"This direction requires the Australian Competition and Consumer Commission (ACCC) to monitor prices, costs and profits in fuel retailing, petroleum wholesaling, petroleum fuel manufacturing and bulk petroleum storage, and to provide the Treasurer with quarterly reports for five years from 1 January 2026 (ss6–7).\n\nThe ACCC decides monitoring scope and must weigh public reporting against commercial confidentiality (s7 note). The instrument uses ANZSIC industry definitions, excludes exempt supplies and State/Territory authorities, and repeals the 2022 direction (s5; s7(2); Schedule 1)."}},"importantCases":[],"_links":{"self":"/api/acts/competition-and-consumer-price-monitoring-petroleum-fuels-direction-2025","history":"/api/acts/competition-and-consumer-price-monitoring-petroleum-fuels-direction-2025/history","analysis":"/api/acts/competition-and-consumer-price-monitoring-petroleum-fuels-direction-2025/analysis","conflicts":"/api/acts/competition-and-consumer-price-monitoring-petroleum-fuels-direction-2025/conflicts","importantCases":"/api/acts/competition-and-consumer-price-monitoring-petroleum-fuels-direction-2025/important-cases","documents":"/api/acts/competition-and-consumer-price-monitoring-petroleum-fuels-direction-2025/documents"}}