What is under review?
We have determined a reasonable wholesale price for fuel ethanol from 1 September 2023 of 169.2 cents per litre (excluding GST).
You can find our determinations before 2023 here.
Who does this review affect?
This review mainly affects fuel sellers and ethanol producers.
Under the Biofuels Act 2007, fuel sellers must ensure that 6% of fuel sold is ethanol. This means that 60% of fuel sales are required to be E10 (which is made up of 10% ethanol, and 90% unleaded fuel).
Fuel sellers can be exempt from this requirement on various grounds. One of these is that the wholesale price of ethanol paid by retailers exceeds the price determined by IPART.