“Haute couture was asleep. It was totally oriented around the Arab princesses. The more petrol prices went up, the more the princesses bought dresses.”
“If the rise in petrol prices in the producer-price data is reflected in the CPI data, there is a risk the inflation rate could be 2.2 percent.”
“The moment someone steps in to regulate the price of petrol, we end up paying more.”
“Consumer spending has been choppy over the past year in response to volatile petrol prices and a soft housing market. We believe that a recovery in consumer spending is now starting to take hold.”
“The good news for motorists and retailers alike is that petrol prices have potential to fall even further.”
“The soaring price of petrol is now starting to pose a major threat to the Australian economy.”
“The ... shortage of refining capacity means that the wholesale price of petrol has not fallen as fast as crude.”
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