Locals encouraged to have a say on fuel price scheme

Published: Comments:
Automotive and Aerospace Energy & Water Money & Finance Political Queensland Government


Locals are being encouraged to have a say on the State Government’s plan to help motorists find the cheapest servo in town.

Speaking from Rockhampton where he visited independent fuel retailer United Petroleum, Energy Minister Dr Anthony Lynham said the wheels were in motion to have all Queensland fuel prices available on smartphone apps and websites by December.

“We are well aware of the impact high fuel prices can have on household budgets especially in regional Queensland where families travel longer distances than their city cousins,” Dr Lynham said.

“We also know that empowering Queensland motorists to shop around to find the cheapest price will help them save at the bowser.

“The goal is to shift the power into the customer hands, to support retailers who are doing the right thing by the customer.”

Under the two-year trial, all fuel retailers will have to report their petrol price changes within 30 minutes of a price change at the bowser. Those prices will then be made available to smartphone apps and websites such as Motormouth, GasBuddy, PetrolSpy, RACQ and Compare the Market, as well as newcomers.

Part of setting up the trial fuel price reporting scheme is seeking community and industry feedback on the government’s proposal. The consultation period is open until Monday 17 September.

Dr Lynham said input would help ensure that the scheme didn’t create so much red tape that it became unworkable for industry and pushed prices up.

“Only last week the ACCC’s latest petrol monitoring report showed that average petrol prices have increased to hit a four-year high in Australia’s largest cities,” Dr Lynham said.

“The ACCC has frequently said improved competition is the best way to bring down fuel prices – and this trial is about rewarding competitive fuel retailers.

“I encourage Queenslanders to have their say on the proposed fuel price reporting model.”

The Government is also looking for innovative tech suppliers to design and build the system that captures fuel prices from servos. Tenders opened last week and close today at 12.00pm Wednesday 29 August.  

The trial comes on top of the Palaszczuk Government’s what you see is what you pay laws that came into effect on 31 January this year. These require retailers to display full prices, rather than conditionally discounted offers, on their fuel boards.

To have your say visit www.dnrme.qld.gov.au/energy/initiatives/fuel-price-reporting.

Minister for Natural Resources, Mines and Energy
The Honourable Dr Anthony Lynham

Energy Queensland : Queensland Government, Department of Energy and Water Supply :
PO Box 15456, City East QLD 4002, Queensland Wide
13 43 87
Energy Queensland : Queensland Government, Department of Energy and Water Supply
Showing 10+ recent articles for this business
Renewables drive falling power prices 21 December 2018 | Household power prices are falling in south-east Queensland and will continue to fall for another two years, thanks to renewable energy, an independent report has found. More information...
Queensland stands up against Fed power bill folly 19 December 2018 | The Palaszczuk Government today condemned the Morrison Government for refusing to rule out a proposal that could drive up power bills for some Queenslanders by up to 30 per cent. More information...
Fuel prices on tap from midday today 03 December 2018 | Up-to-date fuel prices from more than 1000 servos across Queensland will be available from midday today to new and existing app developers and websites. More information...
Solar-battery dollars racing out the door 02 December 2018 | Renewable energy-focussed Queenslanders will have all but exhausted the Palaszczuk Government’s solar-battery loan scheme within weeks. More information...
More than ever shopping around for best power deal 30 November 2018 | More SEQ householders than ever are shopping around for the best power deal. More information...
Battery grants to drive next Sunshine Coast renewable wave 20 November 2018 | The next wave of Queensland’s renewable revolution is happening, with grants now available for households and small businesses to install batteries to store their solar power. More information...
Time for servos, tech whizzes to sign up on fuel 16 November 2018 | A shout-out has gone to Queensland servos and app developers to get on board the upcoming two-year fuel price reporting trial that’s going to deliver up-to-date prices to motorists. More information...
Time for servos to sign-up for fuel price scheme 01 November 2018 | Queensland’s 1400 fuel retailers can sign up from today to the Palaszczuk Government’s two-year fuel reporting trial that starts next month. More information...
New laws protect Queensland’s mine workers 31 October 2018 | Parliament today backed maximum penalties close to $4 million for mining companies that fail to keep their workers safe. More information...
SEQ power prices continue to decline 30 October 2018 | According to the independent Queensland Competition Authority, for the fourth quarter in a row, power prices have either decreased or remained stable in south east Queensland. More information...

comments powered by Disqus

All articles submitted by third parties or written by My Sunshine Coast come under our Disclaimer / Terms of Service