Australia: More independent service station needed in Brisbane
MotorMouth Pty Ltd urges Queenslanders in Australia not to fall for the mandated fuel price transparency con. A change in market structure is the best way to increase competition and lower fuel prices, according to the association.
MotorMouth believes that with the recent upswing in Brisbane fuel prices due to the normal price cycle and 90% of service stations across the city charging 149.9 cents per litre or more as of last Tuesday afternoon, focus has once again turned to the Brisbane retail fuel market. They believe it is crucial to understand that increasing the number of Independent service stations across a market will have the greatest impact in intensifying competition and reducing prices overall.
“Recent calls by the RACQ to implement mandated real-time price reporting will do nothing to improve competition across Brisbane” said Chris Huth, MotorMouth spokesperson.
The Victorian Government recently concluded an independent and thorough investigation into Victorian fuel prices, tabling a report in Parliament yesterday that stated, “there is no evidence that mandatory fuel price reporting has reduced fuel prices in the jurisdictions where it operates”.
MotorMouth believes that with a higher number of independent service stations will drive down fuel prices due to higher competition.
