RACQ pushes for permanent fuel price reporting

A growing number of Queensland drivers are using apps and websites to get cheaper deals at the bowser, prompting RACQ to push the State Government to permanently adopt the transparent fuel price reporting scheme.

A Club survey found one in three drivers used price comparison apps and websites since the start of the scheme in December 2018 when it became mandatory for all fuel retailers to publicly release prices and create greater transparency.

RACQ Head of Public Policy Rebecca Michael said the uptake proved there was demand from drivers for the trial to be rolled out indefinitely.

“We’ve been lobbying for years for Queenslanders to have free accessible information so they can make more informed decisions when they fill their tanks and ultimately create greater competition within the fuel market,” Dr Michael said. 

“There has been more than 100,000 downloads of our RACQ Fuel Finder app in the last 12 months, which is helping give more exposure to those independent and often cheaper retailers who are giving the bigger brands a run for their money.

“The trial’s been a ‘game changer’ for the industry, and we commend the Queensland Government for taking the time to get the system right, along with those motorists who keep rewarding the retailers that pass on savings through lower prices.”

Dr Michael said data analysed as part of the Club’s latest Annual Fuel Price Report 2019 revealed average unleaded prices and indicative retail margins had fallen since the trial.  

“Fuel is cheaper on average than what it was or would’ve been without the scheme,” she said. 

“For first time in more than a decade, Brisbane hasn’t been the most expensive capital city and we’ve actually seen the average price decrease in 33 out of the 35 regional Queensland centres we monitor.”

The Club’s Annual Fuel Price Report 2019 could be viewed on RACQ’s website.