More independents key to driving fuel competition

Following recent four-year petrol price highs, the Australian Competition and Consumer Commission (ACCC) has urged councils to be proactive in ensuing independent service stations could enter the Queensland fuel market to improve competition.

Various fuels at the pump

Courier Mail reported ACCC said local government had a role to play through its planning rules and should consider promoting new entries into the market and ensure planning or infrastructure barriers did not restrict or impede new entrants.

RELATED COVERAGE – REPORT PROVES SHOPPING AROUND FOR FUEL SAVES

RACQ spokesperson Lucinda Ross said the Club’s research showed more competition from independent retailers would lead to lower petrol prices.

“We know independent servos are often priced cheaper so we’d love to see more players come to the market – there’s definitely a role for local government to play in this,” Ms Ross said.

“We’d urge all levels of government to make it easier for independents to enter the fold and increase competition giving drivers more choice and ultimately cheaper fuel.”