Fuel price board legislation welcomed

Fuel price board legislation welcomed

The tabling today of fuel price board legislation that will ensure consumers can quickly and easily compare fuel prices across the state is a much-needed and welcome step, RACT CEO Harvey Lennon said.

If passed, the legislation will mean only undiscounted petrol prices can be displayed on petrol price boards, before any promotional discounts are applied.

“Inconsistent fuel price board information makes it difficult for motorists to compare prices, or even know what they will pay for their fuel when they are filling up,” Mr Lennon said.

“The legislation will greatly assist with this problem and provide the sort of transparency motorists need when they are buying fuel.”

Mr Lennon said the RACT had first raised the issue of inconsistent fuel price boards with the government in 2014.

“We have been in ongoing dialogue with the government since last year seeking a review of the legislation, and made a formal submission as part of its consultation process on the introduction of a Code of Practice for fuel price boards this year,” he said.

“The introduction of the legislation is an important outcome for all Tasmanian motorists.”

Earlier this week, the Transport Affordability Index, prepared and released by the Australian Automobile Association, found that Hobart was the only capital city that recorded an increase in fuel over the June 2017 quarter, costing the family about $94 extra a year.

The index also said that Hobart was the most expensive capital city this quarter for fuel, though this was partially offset by relatively cheaper car loan repayments, registration and licensing, insurance and public transport.

Mr Lennon said fuel prices continued to be an issue of great concern for the RACT and its members who regularly contacted the organisation to raise the issue.

“Timely, accurate and transparent petrol price information is invaluable,” he said.

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