Latest / Best of Business / Terry Collins: AA Principal Policy Advisor on U-GO offering customers cheaper petrol options than Gull

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Terry Collins: AA Principal Policy Advisor on U-GO offering customers cheaper petrol options than Gull · Best of Business

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  Speaker 1: You're listening to a podcast from News Talk ZB Follow
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  Speaker 2: The text of rolling in on the old Punishment. We'll
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  Speaker 2: get back to that. It's eighteen past five. Now listen
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  Speaker 2: on petrol for a long time if you want us
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  Speaker 2: to find cheap petrol where you need it to go
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  Speaker 2: as gal in atsa yamuri, but not anymore. And now
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  Speaker 2: there's talk that the old Gull effect in totality might
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  Speaker 2: be over, and their prices are only about two and
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  Speaker 2: a half cents cheaper than the national national average.
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  Speaker 3: Now.
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  Speaker 2: Terry Collins is AA's principal policy adviser.
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  Speaker 3: On this, Hey Terry, afternoon, Heather.
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  Speaker 2: What has happened is is this just a one off
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  Speaker 2: thing or is Gull genuinely not an outlier anymore?
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  Speaker 3: No, Gal, I've done such a good thing that encourages
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  Speaker 3: all the other independence to join them. So now instead
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  Speaker 3: of having the gal effect, we've really got the independence effect.
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  Speaker 3: So we've had Waite, Tomo, IMPD and others join them,
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  Speaker 3: new haland owing companies because of the business model, which
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  Speaker 3: is a low cost sentry. You only have to have
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  Speaker 3: the land, the place there, the service station, you've got
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  Speaker 3: electronic pain options now available, so you don't need any staff.
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  Speaker 3: And you've got the fuel there, so that means you
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  Speaker 3: can provide fuel very cheaply and the margin's very small.
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  Speaker 3: And it's been such a good business model that all
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  Speaker 3: the other independents are joining them.
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  Speaker 2: So has Goal put up its prices or is it
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  Speaker 2: still holding the line?
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  Speaker 3: Now it's still holding the line. That's now just a
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  Speaker 3: group of them operating with them. In interesting Gold used
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  Speaker 3: to be owned by a company called Ampole, who now
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  Speaker 3: bought Z and Z of now putting you go another
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  Speaker 3: low cost model.
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  Speaker 2: So Z is you go from Z?
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  Speaker 3: Yeah? Yeah, And that's and so owned by Ampole, and
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  Speaker 3: Ampole had to sell Gold to buy Z because they
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  Speaker 3: would have had more than fifty percent of the market share.
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  Speaker 3: So it's really interesting how I mean I put it
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  Speaker 3: this way. I think when Gold and they took the
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  Speaker 3: service out of service station and made itself service, we've
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  Speaker 3: still got those type of two distinct brusless models now
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  Speaker 3: self service MPDS, Way Tourno allied, and then you've got
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  Speaker 3: and Goal and then you've got new Go sorry, and
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  Speaker 3: then you've not saw your mobile BP and all the
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  Speaker 3: other end said all competing offerings.
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  Speaker 2: Where do you fill up?
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  Speaker 3: Terry? I always get the cheapest one on a rare events,
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  Speaker 3: which I do. I went to a Goal and Meta
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  Speaker 3: Matter a couple of weeks ago that actually had the
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  Speaker 3: cheapest fuel and I got a cup of coffee and
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  Speaker 3: the savage that was my perfect trisector. And so I
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  Speaker 3: went there and got a bleeder of dining one. I
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  Speaker 3: think it was two dollars study seven, but I just looked,
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  Speaker 3: we do a look on it. I look at Gaspie.
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  Speaker 3: We were duni's going to be and go right, that's
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  Speaker 3: the cheapest one around. I'll buy some unless I think
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  Speaker 3: it's going to be cheaper next week. I usually fill up.
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  Speaker 2: Brilliant, Terry. Thank you very much. Terry Collins, I principal
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  Speaker 2: policy advisor.
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