Brisbane’s petrol more expensive than most capitals

Brisbane motorists have again paid more for unleaded petrol (ULP) than the other major capital cities, according to RACQ’s latest monthly fuel report.

RACQ spokesperson Renee Smith said with an average of 130 cents per litre (cpl), Brisbane motorists had been charged 8.9cpl and 7cpl more for petrol than Sydney and Adelaide drivers respectively.

“Brisbane’s often the dearest of the big capital cities and there’s no good reason for it,” Ms Smith said.

“With more than 300 retailers, Brisbane should be more competitive and therefore cheaper than regional Queensland. However, fierce competition between servos in places like Maryborough, Miles and the Whitsundays means they sell petrol for less than we pay here in Brisbane – it’s ridiculous.”

Ms Smith said RACQ hoped the Australian Competition and Consumer Commission’s (ACCC) investigation into Cairns prices would also deliver answers on the Brisbane market.

“The ACCC has indicated it’ll discuss Brisbane’s expensive fuel when it delivers its Cairns report in coming months,” she said.

“Service stations are charging exorbitant prices in Brisbane, and we believe a lack of competition has played a part in the city’s steep prices. It’s vital motorists shop around and only support servos charged the lowest price.”

Ms Smith said the ULP market was currently in the discounting phase of the petrol price cycle, with the average ULP price 125.8cpl.

Average ULP prices in March 2017:

Brisbane 130.0cpl

Sydney 121.1cpl

Adelaide 123.0cpl

Perth 129.0cpl

Melbourne 129.3cpl.

RACQ’s monthly fuel price report can be viewed on the RACQ website.