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Legislative Assembly for the ACT: 2019 Week 07 Hansard (Tuesday, 30 July 2019) . . Page.. 2381 ..

request a further extension to this reporting date. I will shortly be seeking the leave of the Assembly to move a motion to this effect.

Due to the committee’s obligations concerning the territory coat of arms inquiry, the reporting date for the nature in our city inquiry has been delayed. While the committee had intended to report on the nature in our city inquiry by the end of July, it will now be working to complete the inquiry as soon as possible, but no later than the end of October this year. The committee will soon be contacting each submitter and witness to explain the reasons for the further extension to the reporting date of the inquiry.

Reporting date

Motion (by Ms Orr, by leave) agreed to:

That the resolution of the Assembly of 29 November 2018, as amended on 16 May 2019, relating to the referral of a new Territory Coat of Arms to the Standing Committee on Environment and Transport and City Services be amended by omitting the words “by 1 August 2019” and substituting “by 31 August 2019”.

Petrol prices—ICRC final report

Ministerial statement

MR BARR (Kurrajong—Chief Minister, Treasurer, Minister for Social Inclusion and Equality, Minister for Tertiary Education, Minister for Tourism and Special Events and Minister for Trade, Industry and Investment) (11.29): As the referring authority for the Independent Competition and Regulatory Commission Act 1997, I present to the Assembly the following paper:

Independent Competition and Regulatory Commission Act, pursuant to section 24—Independent Competition and Regulatory Commission—Investigation into motor vehicle petrol prices in the ACT—Final Report—Report 9 of 2019, June 2019.

The government remains very concerned about ongoing high fuel prices in the ACT. We understand that the cost of fuel is a significant expense for many Canberra households. I tasked the ICRC with undertaking a factual analysis of petrol prices and competition in the ACT retail market, which will provide valuable information for the Legislative Assembly’s Select Committee on Fuel Pricing inquiry and the government in responding to the recommendations from the inquiry.

The ICRC has now completed its investigation process. The ICRC undertook extensive consultation with a range of key stakeholders, including petrol distributors, wholesalers, retailers and other government agencies, and gathered a substantial amount of business data from petrol retailers operating in Canberra and surrounding regions.

The tabling of the final report is the last step in the ICRC’s investigative process, which commenced in February of this year. I welcome their final report. The evidence

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