Petrol retailer Ampol says government regulations ultimately drive up costs for consumers as an inquiry puts a spotlight on growing cost-of-living pressures.
Ampol government affairs head Todd Loydell pointed to the financial burden imposed on its fuels business by measures such as upgrades to fuel standards and strengthening of the safeguard mechanism.
He said the costs associated with meeting these policy priorities and investing in the solutions would ultimately be paid for by consumers.
