Wednesday, May 30, 2018

Gallon to Liter Calculator - Australia, United States, United Kingdom, Gallons to Liters, Gallons to Litres

Tuesday, May 22, 2018

Dodo Power and Gas increased my electricity and gas discounts.

I noticed a while ago that Dodo Power and Gas were offering higher discounts than when I signed up. When I signed up the discount was 30% for electricity and 20% for gas. The recent discount is 40% for electricity and 25% for gas.

I'm looking to change providers to save a little more money, but I thought until I get around to checking the providers again why not just take advantage of the increased discount. A short telephone call and the discount will be applied from the next bill. Too easy.

In addition they sent me a survey to complete. They support person was good so I gave them a good review. What was interesting is Dodo also provided a referral code to provide others. A refer a friend code. That code is SVY#JPB0H. By entering this code both a friend and myself will supposedly receive a $25 credit (* referral not applicable for post-paid dial up and prepaid products). Please feel free to use this code to save yourself some money if you decide to sign up to Dodo Power and Gas. Feel free to let me know so I can test if the code worked.

In any case the main point of this post today was to let those on Dodo Power and Gas, if you signed up some time ago, check the current discounts and if they're higher, a quick call will get your a better discount.

Kelvin Eldridge

Friday, May 18, 2018

First signs Melbourne unleaded petrol price rising to 161.9.

Noticed tonight petrol prices in Melbourne look like they're about to hike. Some petrol stations have unleaded for 161.9. This is a new high for unleaded petrol in Melbourne.

This isn't unexpected as the average gate price (think wholesale price) today was 136.2. When prices go up the increase is usually between 25-30 cents, so the increase could have been worse.

Time to think about filling up. Watch the prices and if you're using the 7 Eleven fuel app pick a good time to lock in a good lower price for the next week. There's a few 7 Eleven stores with prices in the low 130 range.

Kelvin Eldridge
Petrol Prices Melbourne

Monday, May 14, 2018

Headline: ACCC says Coles Express petrol most expensive - quite misleading

Today's headlines stating "ACCC says Coles Express petrol most expensive" for a lot of people may be very misleading.

For a long time I've considered and found the local Coles Express to be one of the more expensive fuel outlets. It would be rare for us to buy petrol there anymore. Previously we mostly bought our petrol either at the local Coles Express, another in Doncaster East, or the Woolworths Petrol in Eltham. However, since creating Petrol Prices Melbourne which meant reviewing petrol prices in the area over an extended period of time, we found there were better places to purchase petrol.

At first glance this would appear to support the ACCC finding. However, we shop at Coles and one thing we do get like millions of other Australians is a discount voucher. By using the discount voucher the Coles Express outlets usually match or better the local 7 Eleven on United Petroleum outlets. Both 7 Eleven and United Petrol are usually prices around 3 cents a litre less. I suspect this pricing aims to largely negate the benefit of a discount voucher, but in the end it really means prices aren't significantly different.

If you read the ACCC report for Victoria you'll find Coles Express average price is 2.4 cents above the market average whereas the cheapest petrol is around 1 cent per litre below the market average. Put simply this means the difference is 3.4 cents and if you have a Coles petrol discount voucher at worst, on average, you'll be paying slightly less than the fuel outlets that do not provide a discount voucher.

So the attention grabbing headlines should probably read, "ACCC says Coles Express petrol most expensive, but with a discount voucher, one of the cheapest".

We use a number of strategies for buying petrol. Rather than buying near where we live, we often identify petrol stations selling cheaper petrol that we'll be driving past. Buying at the bottom of the petrol price cycle, locking in the price of petrol from 7 Eleven for an additional week, using discount vouchers at Woolworths Petrol and Coles Express. This approach saves us hundreds of dollars a year. Buying from the nearest local petrol station is generally the surest way to pay the most for petrol.

The ACCC is right in saying Coles Express petrol is the most expensive, but only for those not using discount vouchers. Those buying petrol from Coles Express and not using discount vouchers may be paying hundreds of dollars more a year for their petrol.

For more information on saving money when buying petrol visit

Kelvin Eldridge

Tuesday, May 08, 2018

Age pension calculator.

Trying to plan for retirement and getting the information you need can be time consuming. However Centrelink's site provides an online service which can provide many of the answers you may be looking for.

For example if you want to work out how much you'll get when you retire (based on what's happening today) just enter your information as though you're going to retire today. Things will change in the future, but at least you can get a rough of idea based on what's happening today.

Kelvin Eldridge