Jun 27, 2013 04:18 PM IST Mecklai graph: Aussie
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CommSec economist Savanth Sebastian said the volatility of the discounting cycle meant motorists in Sydney, Melbourne and Brisbane were likely to pay higher prices over the Easter Holiday period. „Given the vagaries of the discounting cycle, petrol prices are likely to lift to peak levels in the next couple of days, and effectively hold at the higher levels over the Easter long weekend,“ he said.According to the Australian Institute of Petroleum, the average national price of petrol fell to 149.1c a litre last week, although Canberrans paid 8.5c a litre more at 157.6c. It is now 12.1c a litre more expensive to refuel in Canberra than it is in Sydney.Darwin remains the most expensive capital city at 173c a litre followed by Hobart at 160.8c and Canberra at 157.6c.
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