The booming revenue enjoyed by Australia's largest retailers, witnessed in their annual reports showing a near-$1 billion increase from their petrol stations last year, is occurring alongside seemingly generous shopper dockets offering discounts of up to 8¢ a litre.
In the 2004-05 financial year when both major retailers had launched large expansions into petrol retailing, the average revenue they received from a litre of petrol was 3.4¢.
By last financial year, the amount received by petrol retailers had grown by more than 100 per cent to 6.9¢ a litre, according to the Australian Competition and Consumer Commission.
Read more:http://smh.drive.com.au/motor-news/sydney-drivers-get-slugged-as-supermarkets-sweep-profits-20130126-2ddlt.html
