Page 126 - Week 01 - Tuesday, 22 February 1994

8.) No specific study was made into the impact on existing independent retailers but

I am advised that there are only a very small number of independents operating in the

ACT, totalling, as at November 1992, the date of the Report of the ACT Government

Working Group on Petrol Prices, 7% of the market as compared to the Australian

average which ranges between 50% and 60% . Overall, I believe that Burmah Fuels'

presence in the market will have a positive effect on employment as the reduction in the

price of petrol (already occurring) will significantly reduce costs to business, especially

small business.