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perth adelaide: In fact, the latest report from the Australian Competition and Consumer Commission ACCC this week showed monthly average retail prices in Canberra were lower than Sydney, Melbourne, Brisbane, Perth and Adelaide over April and May, according to The Independent. This was the first time monthly average prices in Canberra were below the average price in the five largest cities since April 2012, said ACCC chair Rod Sims. Don't miss this first-of-its-kind exclusive eventif window.performance window.performance.mark && && window.performance window.performance.mark && && window.performance window.performance.mark && && window.performance window.performance.mark && && window.performance window.performance.mark && && window.performance window.performance.mark && && Australian city figured out how to make petrol cheaperif window.performance window.performance.mark && && Yoo Yahoo Finance24 August 2019if window.performance window.performance.mark && && window.performance window.performance.mark && && window.performance window.performance.mark && && window.performance window.performance.mark && && by Scott Barbour/Getty Images More While petrol prices are generally lower in the large cities, motorists in the smaller hub of Canberra have been fortunate enough to enjoy cheaper fuel this year. In the five largest cities, drivers are now paying 7 cents more per litre than they did a year ago. The AUD-USD exchange rate is a significant determinant of Australia's retail petrol prices because international refined petrol is bought and sold in US dollars in global markets, he said. Petrol prices are now at its highest level in four years, after taking inflation into account with Sims citing the weak Australian dollar as the reason. (news.financializer.com). As reported in the news.