Motorists, you’ve been warned.

The ACCC is telling you to fill up now.

Rod Sims, chairman of the consumer watchdog, told 3AW Drive it expected a spike in petrol costs.

He said rising wholesale fuel prices were about to meet a declining retail price and that was likely to mean a price hike at the bowser.

‘That’s why we’re saying buy now,’ he explained on 3AW Drive.

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