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The ACCC's new Petrol Commissioner cannot do anything to reduce the price of petrol. Creating a Petrol Commissioner is also a distraction from how government can actually reduce the price of petrol: reduce Government taxes.
Blaming petrol companies for the high cost of petrol also ignores one of the major reasons that petrol is expensive: government taxes. Petrol companies make only a few cents profit per litre of petrol. In comparison, 41 per cent of the price of petrol is state and federal taxes.