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Fuel price confusion to end

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.


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