23 September 2015

IN WHAT has traditionally been a rare sight for motorists, fuel prices have dropped for the first weekend of the school holidays in Coffs Harbour.

Motorists were paying an average of $1.27 per litre for unleaded fuel at the weekend – the ninth lowest in NSW and down 4.5% from last week’s average of $1.33 per litre.

The data, compiled by NRMA, also shows unleaded prices were well below other regions on the North Coast including Murwillumbah ($1.41), Forster ($1.40 per litre) and Port Macquarie ($1.36).

Average unleaded prices in Woolgoolga however remained higher than Coffs Harbour at $1.36 per litre.

The NRMA is urging motorists to fill up before an expected price rise this week – driven by an increase in terminal gate prices and a rise in the Australian dollar.

The Australian Competition and Consumer Commission and the NRMA have welcomed generally lower and more consistent pricing during the first half of 2015 following increased scrutiny on prices at the bowser.

An ongoing ACCC study monitoring fuel prices in regional centres including Coffs Harbour has also revealed prices have dropped on base study figures monitored in July 2014.

The latest report however showed a slight increase from the March to July quarter with motorists paying average of $1.39 per litre for unleaded over this period.

Last weekend’s unleaded prices (per litre)
Grafton – $1.24
Coffs Harbour – $1.27
Lismore – $1.30
Kempsey – $1.35
Port Macquarie – $1.36
Woolgoolga – $1.36
Ballina – $1.38
Armidale – $1.39
Forster – $1.40
Murwillumbah – $1.41

Extracted in full from the Coffs Coast Advocate.