Labor Triples Fuel Price Enforcement Funding

0:00It's March 8th in Adelaide. Let's get into the news. South Australia's Labour Party has unveiled a plan to triple funding for enforcing real-time petrol price reporting ahead of the state election. This comes as they push for re-election under premier Peter Malinowskas. The move aims to crack down on retailers not updating prices properly. Rising fuel costs from the Middle East conflict have prompted the announcement. Retailers must report price changes to a central database within 30 minutes, so drivers can check apps and find the best deals. The policy would add 100 extra fuel inspections each month and double penalties for non-compliance. Expiation fees would jump from $550 to $1,100 with court maximums rising from $10,000 to $20,000. Drivers stand to save big by shopping around, with estimates showing average tank savings of $6.50. Nearly 500,000 South Australians already use price apps monthly, leading to over $58 million in yearly collective savings.

1:03Labour says the extra enforcement will cost $1.2 million over four years. The premier stressed making the system robust to protect motorists as global tensions push prices higher. This episode is proudly sponsored by our partner. Sully Pillow is a pillow with built-in headphones. Lay back, press play, and disappear into what you are listening to. S-O-L-I. SullyPillow.com