SERVICE stations across Queensland will be banned from advertising confusing discounted petrol prices on their fuel price boards under new state laws to be enforced next year.
The new ‘what you see is what you pay’ style regulations will ban fuel retailers from displaying “conditionally discounted prices” such as those which require supermarket vouchers or in-store purchases.
Service station owners will have until the 31 January 2018 to implement the changes, which were approved by Cabinet this week.
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Treasurer and Acting Energy and Biofuels Minister Curtis Pitt said service stations would still be able to promote discount fuel schemes, but only the full price available to all motorists can be displayed on the price boards.
““Calls for truth in petrol price advertising has long been a burning issue for motorists,” Mr Pitt said.
“These reforms have been introduced due to ongoing concerns that some motorists may be paying more at the bowser than they were initially led to believe.”
Mr Pitt said the reforms responded to concerns raised at the Palaszczuk 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, and the new regulations will adopt this model rather than the more prescriptive and onerous approach adopted by NSW,” he said.
“The laws also follow comprehensive community and industry consultation undertaken by the Department of Energy and Water Supply earlier this year and support for the changes expressed by stakeholders including the RACQ and the Motor Trades Association of Queensland.
“These reforms ensure the Government has the right balance of protecting motorists and avoiding high regulatory costs, which could unintentionally push petrol prices up.”
The state’s peak monitoring body RACQ has welcomed the changes.