I've been looking to get some oil for the car. Just the usual Penrite 5L bottle but only sold at a few stores as it's quite a niche spec. Anyway the going rate is $70 for 5L on pretty much all the sites.
For over a year now Sparesbox have been having oil sales every other week, but the price goes up by ~15% then comes down 20% via the advertised sale. So currently my oil is now magically $79.95 on sale for $63.96. The thing is, is was never never ever $79.95, it goes back to $70 when the sale ends.
I read the ACCC page on this, and I feel it's clear that in the last quarter this oil was never available for purchase at $79.95, so how can they get away with this.
I know this price jacking is common on eBay when sales are on, and maybe because it's a marketplace it's grey, but this case with Sparesbox seems clear cut to me.
Happy to raise this with the ACCC if I'm into something.
BTW: I'm sure this practice is happening with other products on their site.
P.S: I follow Repco prices and I've never seen this jacking, sales are genuine sales.
Usually sale price are base on RRP.