Fuel price reporting
From December 2018, a fuel price reporting trial will help motorists find the cheapest fuel prices. Under the 2-year trial, all fuel retailers will be required to report their fuel prices.
The trial will enable Queensland motorists to compare fuel prices in their local area, find the cheapest price and save money at the bowser.
Start saving now
Although the price reporting trial starts from December, you can start saving now by checking fuel prices on the existing comparison websites and apps.
You can currently check fuel prices using websites and apps such as MotorMouth, GasBuddy, PetrolSpy, RACQ and Compare the Market.
While the fuel reporting websites and apps which currently operate in Queensland do not include the most up-to-date fuel price information from all fuel retailers, this will improve as the trial begins.
About fuel prices
Fuel prices in most large cities move up and down in regular patterns or cycles. The cheapest and most expensive days to buy fuel can change from cycle to cycle.
Mandatory fuel price reporting is designed to make it easier for motorists to take advantage of the fuel price cycle to find the best deal. However, it will not stop the price cycle that motorists experience around the world.
We have established a working group of representatives from the RACQ, the Australian Institute of Petroleum and the Australasian Convenience and Petroleum Marketers Association to help develop arrangements for the trial.
The working group has considered existing fuel price reporting arrangements, options for ensuring fuel retailers report accurately, lessons from other jurisdictions, and the consumer benefits and regulatory costs of alternative models.
For more information about this trial, please email email@example.com.