•   
  •   

Money Brisbane fuel prices expected to rise almost 20¢ above average in 'matter of days'

09:41  19 february  2018
09:41  19 february  2018 Source:   brisbanetimes.com.au

Here's another sign that Australia's east coast housing market is slowing down

  Here's another sign that Australia's east coast housing market is slowing down There's new evidence that Australia's housing market is slowing down, especially in the once-hot southeastern capitals. Prices are falling in nominal terms in many Australian cities, auction clearance rates are weakening and growth in housing debt is slowing, particularly to investors.Here's further evidence that the market is slowing down.© Provided by Business Insider Inc From CoreLogic, it shows the average number of days it takes to sell a property across all of Australia's capital cities.

Average fuel prices in Brisbane are expected to hit a three-year high in the coming days , with the RACQ warning drivers to fill up as soon as possible. The average price of petrol across Brisbane service stations is on-track to rise to almost 150 ¢ per litre

Prices at the pump are expected to top a gallon for unleaded gasoline in many parts of the Kloza said refinery runs could go from about 17.1 million barrels a day to above 18 million this summer. The U.S. also exports both jet fuel and diesel fuel . "Diesel prices are certainly likely to rise another

Brisbane average fuel prices are expected to hit a three-year high in the coming days, with the RACQ warning drivers to fill up as soon as possible.© Glenn Hunt - Fairfax Media Brisbane average fuel prices are expected to hit a three-year high in the coming days, with the RACQ warning drivers to fill up as soon as possible.

The average price of petrol across Brisbane service stations is on-track to rise to almost 150¢ per litre, if the current round of price hikes continues during the coming days, the RACQ warns.

A three-year record could also be broken, with the average price at the pumps tipped to reach 149.5¢ per litre, which would smash the usual Brisbane average of 130¢ per litre.

RACQ spokeswoman Renee Smith said 25 per cent of Brisbane servos have put their prices up during the past few days as we approach the expensive phase of the price cycle.

Annual house price growth in Sydney is now falling in real terms

  Annual house price growth in Sydney is now falling in real terms Residential property prices continue to fall in Sydney. According to CoreLogic, prices in Australia's largest and most expensive housing market fell by a further 0.2% last week, extending the losses over the past month to 1%. The continued weakness came despite a noticeable lift in the city's preliminary auction clearance rate last week, rising to 68.7% from 63.1% a week earlier.Clearly, one week does not make a trend when it comes to price movements in the city.With prices going backwards in Sydney, it saw annual price growth in the city slow to just 0.7% in nominal terms.

If the average fuel economy of a manufacturer's annual fleet of vehicle production falls below the applicable from 1984 to 1986 the fuel economy rose as the CAFE standard rose and the price of fuel Consumers are expected to save an estimated 16.6 billion gallons of fuel over the lifetime of

Courtyard Hotels BrandVoice: Fueled By Passion. Let me be clear: my research of over 12 years tells me that trading activity accounts for 20 -30% of gas prices . The buying of commodities because bulls think prices will rise can artificially push prices up, and vice versa.

In addition, Ms Smith said 17 per cent had decided to increase the price to 151.9¢ per litre, which she said was simply "a joke".

"Brisbane motorists are used to a sharp rise, but 151.9¢ is just unjustifiable," she said.

Ms Smith encouraged drivers to fill up straight away if they see any fuel available for about 130¢ per litre and warned them not to hesitate because it was a case of "blink and you miss it".

Fuel comparison site MotorMouth showed Brisbane was filled with red dots - which represented service stations with fuel prices above 134¢ per litre.

Here's how Australian home prices have changed over the past decade

  Here's how Australian home prices have changed over the past decade When it comes to Australian property price growth over the past decade, it's been a two horse race between Sydney and Melbourne. They've galloped away, leaving the smaller capitals in their wake. Nothing quite demonstrates that point better than the chart below from CoreLogic, showing the nominal change in prices by capital city and regional areas.

Brisbane fuel prices expected to rise almost 20 cents above average in ' matter of days 'https Welcome home! This timeline is where you’ll spend most of your time, getting instant updates about what matters to you. Tweets not working for you?

Fossil Fuels . Renewables. Environment. I.7 The rise of maximum life expectancy. I.8 Median age by country. I.9 Number of deaths. A century later, life expectancy in India has almost tripled and in South Korea it has almost quadrupled. A 50-year old could once expect to live an additional twenty years.

However, northside suburbs including The Gap, Mitchelton, Brendale and Warner as well as the southside suburbs of River Hills, Wishart, Wynnum and Cleveland had kept their average prices below 130¢ per litre, according to MotorMouth.

Ms Smith said the cause of the potentially record-breaking fuel price hike was the lack of competition and comparison services available in Queensland.

"We are calling on the state government to introduce access to real-time fuel data or an app with live service station prices," she said.

"New South Wales has it, but the Queensland government says it is a 'federal issue'. We need to help drive competition in the Brisbane market."

Ms Smith said she couldn't see prices entering the cheap phase again for a couple of weeks, with the days of weekly cycles and cheap Tuesday "well behind us".

Power bills to get cheaper in regions under Queensland Competition Authority recommendation .
The Queensland Competition Authority is flagging a cut to power prices in regional areas, which would save residential customers $35 a year, and businesses up to $110.Under the QCA's suggested pricing, a typical customer on a residential tariff would save about $35 a year, with power bills falling from $1,542 to $1,507.

—   Share news in the SOC. Networks

Topical videos:

This is interesting!