Fuel price con­fu­sion to end

Central and North Burnett Times - - NEWS -

MO­TORISTS can be con­fi­dent the price they see on the board is the price they’ll pay at the bowser af­ter new reg­u­la­tions were in­tro­duced.

Trea­surer and Act­ing En­ergy and Bio­fu­els Min­is­ter Cur­tis Pitt said new ‘what you see is what you pay’ style reg­u­la­tions would ban fuel re­tail­ers from dis­play­ing con­fus­ing dis­counted prices on fuel price boards.

“These strict reg­u­la­tions mean fuel re­tail­ers will still be able to pro­mote dis­count fuel price schemes, but only the full price avail­able to all mo­torists can be dis­played on the price boards,” Mr Pitt said.

“These re­forms have been in­tro­duced due to on-go­ing con­cerns that some mo­torists may be pay­ing more at the bowser than they were ini­tially led to be­lieve.”

Mr Pitt said it was gen­er­ally the case that prices only avail­able to peo­ple with dis­count vouch­ers were ad­ver­tised on the price boards.

The main el­e­ments of the new laws are a ban on the dis­play of con­di­tion­ally dis­counted prices on fuel boards and the co-or­di­na­tion of price changes so mo­torists don’t pay more than the price ad­ver­tised.

Ser­vice sta­tion own­ers will have un­til the Jan­uary 31, 2018 to im­ple­ment the changes.

Mr Pitt said the re­forms re­sponded to con­cerns raised at the State Gov­ern­ment’s Fuel Price Sum­mit in 2016.

“Con­sen­sus at the sum­mit was that the reg­u­la­tory model in place in South Aus­tralia and Vic­to­ria is the pre­ferred ap­proach,” Mr Pitt said.

“The laws also fol­low com­pre­hen­sive com­mu­nity and in­dus­try con­sul­ta­tion un­der­taken by the De­part­ment of En­ergy and Wa­ter Sup­ply ear­lier this year.”

A copy of the pro­posed reg­u­la­tion is avail­able at www.dews.qld.gov.au.

Newspapers in English

Newspapers from Australia

© PressReader. All rights reserved.