In recent weeks, Australian businesses have watched the numbers at the bowser climb. With average petrol prices in major cities like Sydney and Melbourne exceeding $3.00 per litre and diesel following a similar trajectory, the impact on business liquidity is front-of-mind for every fleet manager and small business owner.
At WEX, we understand that fuel price cycles are a reality of doing business. But while market volatility can’t always be avoided, the right tools can help you manage costs more effectively and keep your operations running smoothly.
Industry intelligence: Staying ahead of the curve
As part of our commitment to the Australian businesses, we have been working closely with our partners at AfMA (Australasian Fleet Management Association) and ACAPMA (Australasian Convenience and Petroleum Marketers Association). By staying at the forefront of the latest industry developments, we help ensure our customers have access to the strategic tools needed to navigate shifting market conditions.
The Solution: Real-Time Insights in Your Pocket
The first step in managing rising costs is visibility. Many Australians are currently searching for a reliable fuel price tracker to avoid purchasing at the high point of the price cycle.
The WEX Motorpass® Driver App is designed specifically for this purpose. It isn’t just a map; it’s a strategic tool that empowers your drivers to:
- Locate the Cheapest Fuel: View real-time retail board prices across our entire network to find the best value nearby.
- Strategic Route Planning: Use the ‘Route Planning’ feature to identify the most cost-effective fuel stops along a planned journey. This prevents emergency fills at peak-price locations.
- Find EV Charging: For businesses transitioning to electric, the app now includes a nationwide EV charging station finder, helping you manage energy costs regardless of the fuel type.
Extensive Acceptance Across Australia
A tool is only as good as its reach. While some cards limit you to a single brand, WEX Motorpass is accepted at over 6,500 service stations – roughly 95% of all sites across Australia.
This extensive acceptance helps you save time and manage fuel costs more effectively. Because WEX is accepted at major brands like BP, Shell, Ampol, and 7-Eleven, as well as thousands of independent local sites, your drivers can choose the most convenient and cost-effective option nearby.
Maintaining Liquidity through Proactive Management
Beyond the app, WEX Motorpass serves as a financial stabiliser for your business:
- Consolidated Cash Flow: Instead of hundreds of individual receipts, you receive one ATO-compliant statement. This gives you a clear, singular view of your monthly energy spend.
- Spend Controls: Help keep your fuel spend under control by setting specific limits on each card — restricting purchases to fuel and oil only, or setting daily dollar caps to prevent budget overruns.
- Flexible Payment Terms: Manage your cash flow more effectively by taking advantage of our payment cycles, giving you breathing room when fuel prices hit their monthly high.
Control What You Can
Managing a business is about preparation, not reaction. By equipping your team with the WEX Motorpass Driver App and the flexibility of our extensive network, you are taking a proactive stance against market volatility.
Stay calm, stay informed, and let us help you keep your business moving forward.
Ready to find the cheapest fuel in your area?
