About the fuel price reporting trial
An aggregation system for the fuel price reporting scheme has been established under s.4 of the Fair Trading (Fuel Price Reporting) Regulation 2018.
From 3 December, all Queensland fuel retailers are required to report their fuel prices as part of a 2-year trial to help motorists find the cheapest 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.
Note: 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.
Information for motorists
Find out how you can now check fuel prices using websites and apps that have signed up to receive data under the fuel price reporting trial.
Information for fuel retailers
From midday on 3 December 2018, fuel retailers must report fuel price changes. Find out how to access and use the aggregation system to report fuel price changes.
Information for publishers, data consumers and developers
We welcome fuel price publishers, fuel reporting app owners and app developers to publish fuel prices in innovative ways. Find out how to sign-up and access data.
Background to the trial
A working group of industry stakeholders including the RACQ, the Australian Institute of Petroleum and the Australasian Convenience and Petroleum Marketers Association assisted the Queensland Government in developing options for this trial.
The working group 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.
The outcomes are summarised in the Fuel price reporting: Decision regulatory impact statement (PDF, 2.8MB).
Assessment of the trial
Griffith University has been engaged to provide the Queensland Government with expert independent assessment of the fuel price reporting trial.
The findings and an analysis of consumer savings and average petrol prices are available in the report An assessment of the Queensland Fuel Price Reporting Trial (February 2020) (PDF, 2.1MB).
- Motorists who shopped around to fill up at the minimum petrol price saved up to $179.30 a year in Brisbane, up to $81.10 a year in Rockhampton, and up to $53.80 a year in Cairns, when compared to filling up at the average available price.
- Irrespective of shopping around, consumers as a group are estimated to have also saved about $10 million a year in Brisbane and $14 million a year in the greater south-east Queensland region due to overall declines in the average price of petrol.
Griffith University will deliver a final report in 2021, after the trial has been in place for 2 years.
For more information about this trial, please email email@example.com.
Last reviewed 20 September 2020