1 00:00:00,200 --> 00:00:03,720 Speaker 1: But right now we know that the AAENTT is concerned 2 00:00:03,800 --> 00:00:07,400 Speaker 1: they're a decrease the fuel terminal gate price isn't being 3 00:00:07,440 --> 00:00:11,400 Speaker 1: passed on to consumers at the retail pump. So while 4 00:00:11,440 --> 00:00:15,360 Speaker 1: unletted and detail retail prices have stayed the same, indow 5 00:00:15,480 --> 00:00:18,880 Speaker 1: and that gap between those prices and the fuel's purchase 6 00:00:18,960 --> 00:00:22,640 Speaker 1: price has widened. Now we obviously fairly often take a 7 00:00:22,680 --> 00:00:26,240 Speaker 1: look at those terminal gate prices and indeed the price 8 00:00:26,280 --> 00:00:28,000 Speaker 1: at the bowser and it is something that I've been 9 00:00:28,080 --> 00:00:30,440 Speaker 1: keeping an eye on. Now joining us on the line 10 00:00:30,440 --> 00:00:34,120 Speaker 1: to talk more about it is the AANT CEO, Anthony Hill, 11 00:00:34,159 --> 00:00:35,000 Speaker 1: Good morning to you. 12 00:00:36,000 --> 00:00:37,839 Speaker 2: Good morning Katie Anthony. 13 00:00:38,360 --> 00:00:40,559 Speaker 1: What kind of gaps are we talking about here in 14 00:00:40,640 --> 00:00:43,640 Speaker 1: terms of what consumers are paying at the pump compared 15 00:00:43,640 --> 00:00:45,080 Speaker 1: to that terminal gate price. 16 00:00:46,360 --> 00:00:49,440 Speaker 2: Yes, well we've seen traditionally, I'll say over the last 17 00:00:49,800 --> 00:00:53,279 Speaker 2: couple of years it's averaged around about seven to eight 18 00:00:53,320 --> 00:00:58,640 Speaker 2: per cent, it's the margin. And throughout November we saw 19 00:00:58,680 --> 00:01:04,039 Speaker 2: that peak up to who are nearly twenty four twenty 20 00:01:04,040 --> 00:01:07,959 Speaker 2: four cents there and that was at the beginning of December. 21 00:01:08,480 --> 00:01:12,560 Speaker 2: Has come down slightly to eighteen point five, but certainly 22 00:01:12,560 --> 00:01:15,160 Speaker 2: nowhere knew where it traditionally has been for the last 23 00:01:15,160 --> 00:01:16,360 Speaker 2: couple of years. 24 00:01:16,560 --> 00:01:18,800 Speaker 1: And so why is that? I mean, have we got 25 00:01:18,840 --> 00:01:21,959 Speaker 1: a situation here where retailers are just thinking that they're 26 00:01:21,959 --> 00:01:22,880 Speaker 1: going to get away with that? 27 00:01:24,440 --> 00:01:28,040 Speaker 2: Well, I can tell you in Catherine, Catherine was that 28 00:01:28,480 --> 00:01:33,120 Speaker 2: period was about a dollar ninety eight for unleaved and 29 00:01:33,560 --> 00:01:37,440 Speaker 2: therefore stropped by fifteen since at the beginning of December 30 00:01:37,680 --> 00:01:39,800 Speaker 2: in Katherine, but we have seen no movement here in 31 00:01:39,920 --> 00:01:42,479 Speaker 2: Darwin has been around that one sixty nine point five 32 00:01:42,920 --> 00:01:47,840 Speaker 2: one sixty nine point nine consistently really since late October. 33 00:01:48,120 --> 00:01:50,880 Speaker 1: How are they able to get away with it? Anthony? 34 00:01:50,920 --> 00:01:53,040 Speaker 1: You know, you and I I know I've spoken about 35 00:01:53,040 --> 00:01:56,120 Speaker 1: this before where previously we've seen them sort of being 36 00:01:56,200 --> 00:01:58,800 Speaker 1: quite fair. I think you'd have to say, but at 37 00:01:58,840 --> 00:02:01,760 Speaker 1: the moment, you know, like you said that average around 38 00:02:01,760 --> 00:02:03,440 Speaker 1: eight cents, I think you said, and now it's at 39 00:02:03,440 --> 00:02:06,320 Speaker 1: about eighteen point five, Like, how are they able to 40 00:02:06,320 --> 00:02:06,920 Speaker 1: get away with it? 41 00:02:08,200 --> 00:02:10,320 Speaker 2: Well, I think there's by now we should have seen 42 00:02:10,639 --> 00:02:12,640 Speaker 2: fuel that was purchased, you know, when the term will 43 00:02:12,680 --> 00:02:15,239 Speaker 2: Gay price did go up a bit flow through, So 44 00:02:16,320 --> 00:02:19,000 Speaker 2: that's probably a question you need to ask them. Yeahdie 45 00:02:19,040 --> 00:02:23,040 Speaker 2: I think there's why there isn't any movement, but you know, 46 00:02:23,200 --> 00:02:26,200 Speaker 2: monitoring it, it's just been flatlined since late October, as 47 00:02:26,200 --> 00:02:28,400 Speaker 2: I've said, and it's probably you know, we would have 48 00:02:28,400 --> 00:02:30,359 Speaker 2: expected by now that we would have seen some relief 49 00:02:30,400 --> 00:02:30,919 Speaker 2: at the pump. 50 00:02:31,840 --> 00:02:34,080 Speaker 1: And I know that you are calling for a reduction 51 00:02:34,200 --> 00:02:37,000 Speaker 1: in that gap. Ultimately it would mean a reduction in 52 00:02:37,080 --> 00:02:39,920 Speaker 1: fuel costs. Is this going to make any difference in 53 00:02:40,000 --> 00:02:43,040 Speaker 1: what the retailers choose to do coming into Christmas? Do 54 00:02:43,120 --> 00:02:44,360 Speaker 1: you think that they're going to listen? 55 00:02:45,720 --> 00:02:49,560 Speaker 2: Oh, look, I think given the time of year, it's 56 00:02:50,360 --> 00:02:52,160 Speaker 2: I don't think so. I don't think so. I don't 57 00:02:52,160 --> 00:02:54,320 Speaker 2: think we're going to be seeing relief until early in 58 00:02:54,400 --> 00:02:56,440 Speaker 2: the new year of court to this peak period for 59 00:02:56,520 --> 00:03:01,880 Speaker 2: people driving. And at the moment there's the margin, Yeah, 60 00:03:02,520 --> 00:03:04,320 Speaker 2: it's a lot higher than where it should be. So 61 00:03:04,400 --> 00:03:08,359 Speaker 2: it's from from our point of view, particularly with the 62 00:03:08,480 --> 00:03:10,639 Speaker 2: terminal gate price. You know, we saw the terminal gate 63 00:03:10,720 --> 00:03:14,160 Speaker 2: price come down from like a dollar sixty one down 64 00:03:14,400 --> 00:03:18,079 Speaker 2: more recently to a dollar forty five, so that really 65 00:03:18,080 --> 00:03:18,880 Speaker 2: should have flowed through. 66 00:03:19,720 --> 00:03:22,240 Speaker 1: I know that you said that, you know, they probably 67 00:03:22,320 --> 00:03:25,120 Speaker 1: won't change what they're doing, but what should they be 68 00:03:25,280 --> 00:03:27,919 Speaker 1: doing here, should they actually be taking it back down 69 00:03:28,000 --> 00:03:29,440 Speaker 1: to that average of eight sense? 70 00:03:31,000 --> 00:03:33,080 Speaker 2: Well, I think so. Again, if you look for the 71 00:03:33,120 --> 00:03:35,600 Speaker 2: last two years, that that's where it's at. So they've 72 00:03:35,640 --> 00:03:38,040 Speaker 2: been able to operate at that level for the last 73 00:03:38,040 --> 00:03:42,120 Speaker 2: two years, and this spike is yes, you know, we 74 00:03:42,160 --> 00:03:44,840 Speaker 2: did see a terminal gate prists go up slightly in 75 00:03:45,840 --> 00:03:48,840 Speaker 2: kind of mid October, but it has come back down, 76 00:03:48,960 --> 00:03:52,360 Speaker 2: so there's there's really no excuse for it. So we 77 00:03:52,400 --> 00:03:54,200 Speaker 2: are calling for it to be to be fair and 78 00:03:54,240 --> 00:03:57,520 Speaker 2: reasonable at a time when our motors are most likely 79 00:03:57,680 --> 00:03:58,440 Speaker 2: going to be on the road. 80 00:03:59,240 --> 00:04:01,640 Speaker 1: Yeah, I agree with you. I think that you know, 81 00:04:01,680 --> 00:04:04,360 Speaker 1: we all understand that they are businesses and that businesses 82 00:04:04,400 --> 00:04:07,400 Speaker 1: need to make money, but you know, be fair, like, 83 00:04:07,520 --> 00:04:09,480 Speaker 1: be fair with the consumers and be fair with those 84 00:04:09,600 --> 00:04:11,600 Speaker 1: territories that are loyal to them. 85 00:04:12,200 --> 00:04:15,920 Speaker 2: Absolutely absolutely, Well the case they've seen it, we've seen 86 00:04:15,920 --> 00:04:20,240 Speaker 2: it dropping Catherine and by nearly fifteen cents so in 87 00:04:20,279 --> 00:04:22,080 Speaker 2: the last couple of weeks. So there's no reason why 88 00:04:22,080 --> 00:04:25,120 Speaker 2: it shouldn't be happening in Darwent either. Hey, Anthony, I. 89 00:04:25,080 --> 00:04:27,680 Speaker 1: Know there's been lots of discussions sort of nationally as well. 90 00:04:27,680 --> 00:04:31,080 Speaker 1: At the moment about this ad blue shortage. Is that 91 00:04:31,200 --> 00:04:33,200 Speaker 1: having much of an impact for us in the territory 92 00:04:33,279 --> 00:04:33,760 Speaker 1: right now? 93 00:04:35,440 --> 00:04:38,000 Speaker 2: Yeah, it's more than I've seen the trucking sector, So 94 00:04:39,440 --> 00:04:41,240 Speaker 2: you know, I have heard a lot about it, but 95 00:04:41,920 --> 00:04:43,960 Speaker 2: I'm probably not one to comment on it at this stage. 96 00:04:43,960 --> 00:04:49,800 Speaker 2: I yeah, that's sure of the effect it, that's all right. 97 00:04:49,839 --> 00:04:51,880 Speaker 1: I thought i'll ask while I've had you on the line, 98 00:04:51,920 --> 00:04:54,159 Speaker 1: But yeah, I don't know a huge amount about it either. 99 00:04:54,200 --> 00:04:55,760 Speaker 1: I know it's something that I've seen quite a bit 100 00:04:55,800 --> 00:04:57,479 Speaker 1: of reporting on, so I will make sure that we 101 00:04:57,520 --> 00:05:00,839 Speaker 1: try and have a bit further discussion about it point 102 00:05:00,480 --> 00:05:03,599 Speaker 1: throughout the coming weeks. I know that we've done a 103 00:05:03,600 --> 00:05:08,200 Speaker 1: bit of work online as well. Our news director Crystal 104 00:05:08,279 --> 00:05:10,840 Speaker 1: has done a quite an extensive sort of report about 105 00:05:10,839 --> 00:05:12,640 Speaker 1: it online, so we'll take a bit of a closer 106 00:05:12,640 --> 00:05:16,520 Speaker 1: look from that perspective. But I really appreciate your time 107 00:05:16,560 --> 00:05:18,440 Speaker 1: this morning. Thank you very much for having a chat 108 00:05:18,480 --> 00:05:21,359 Speaker 1: to us about these petrol prices, and I'll try my 109 00:05:21,400 --> 00:05:23,039 Speaker 1: best to keep the pressure on. I'm going to go 110 00:05:23,080 --> 00:05:26,480 Speaker 1: through those diesel and unleaded prices very shortly and see 111 00:05:26,640 --> 00:05:27,920 Speaker 1: what we might be able to do. 112 00:05:29,040 --> 00:05:32,080 Speaker 2: Thanks you support Chatie, Thank you and the road. 113 00:05:32,040 --> 00:05:35,239 Speaker 1: This Christmas absolutely thank you. Have a good Christmas, Anthony,