Date set for real-time fuel price reporting kick-off

The State’s peak motoring body has welcomed news Queensland drivers will benefit from access to real-time fuel prices before the end of the year.

Woman holding fuel pump

After consultation with industry and stakeholders including RACQ, the State Government today announced the two-year real-time petrol price reporting trial would commence in December. This would mean organisations, including RACQ, could publish the latest fuel price data, collected by the Government, on a website or smartphone app for use by drivers.

RACQ Head of Public Policy Rebecca Michael said this information would be critical in empowering motorists to save when filling up at the bowser.

“Fuel’s one of the biggest expenses for Queenslanders. That’s why we lobbied so hard for drivers to have access to the latest fuel prices at each and every servo,” Dr Michael said.

“It’s a win-win for motorists and also for retailers offering cheaper fuel – motorists will now be able to find the best deals and support competitive service stations.

“We fought hard for this because fuel price transparency is key in helping motorists save money – we congratulate the Government on delivering what drivers so desperately need.”

Dr Michael said motorists needed to play their part to ensure the trial was successful.

“From December, the power will be with Queensland drivers to use the data to their advantage. We know some retailers will continue to price gouge and choose not to compete with those charging lower prices – this trial will empower drivers with the choice to reward the cheapest servos with their business,” she said.

“By paying attention to RACQ’s advice on when to fill up, and by using the app to find the cheapest servo and then rewarding it with your business, we’ll use people power to increase competition and drive down the price of fuel.”

Dr Michael said RACQ had worked closely with fuel retailer associations and the State Government to develop a system that delivered what drivers needed without placing any extra administrative burdens on retailers so no further costs could be passed onto drivers.

“We’ve looked at other similar systems, including what is in place over the border in New South Wales, and have learnt from implementation elsewhere. The fuel price reporting system to be launched in Queensland is one that will work.”