Queensland Premier Steven Miles has announced, that if re-elected in October, he plans to establish state-owned fuel stations.
His proposal would see 12 publicly owned fuel stations operating on a cost-recovery basis, selling petrol and diesel alongside EV chargers, with their location determined based on where competition is most needed across the state.
Premier Miles said publicly owned fuel stations will charge a fair price for fuel, increase competition, and ensure Queenslanders have more choice when it comes to filling up.
“It’s not a simple issue to fix. We don’t control global oil prices, and we can’t force privately owned petrol retailers to charge less at the bowser, but a government I lead will do whatever we can to bring petrol prices down.”
In addition to the state-owned fuel stations, a re-elected Miles Government would also ban fuel stations from raising the price of fuel more than once a day, require petrol stations to release price changes a day in advance, and work with RACQ to trial a daily limit on increases in petrol prices to no more than 5 cents per litre.
“The costs associated with owning and driving a car can add up. But most Queenslanders, especially in the regions, need a car to get around, drop the kids at school or to do their work.
“Currently, when you fuel up your car, you’re sending money offshore to big multinationals.”
The Premier said his government would work with experts to identify where the big petrol players are using their market power to gouge motorists at the bowser and make sure Queenslanders have more options for where they get their fuel.
“I am also committed to working with experts and industry to ensure fair competition in all Queensland communities and that fuel prices can’t be jacked up by any more than 5c a day,” said Premier Miles.
The investment is expected to cost $36 million, with the Miles Government stating it will be funded by borrowings in the government owned corporation’s sector.
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This is the single most stupid political idea I have ever heard of. Politicians dont seem to understand how business works. What a waste of $36 million dollars. Perhaps it would be a better spend to manage crime where our cars are being stolen and our insurance premiums are going through the roof.
Promise to many things and get nothing done .
People I talk to would like to see the health system fixed and crime under control.
The Bruce highway to a reasonable standard.
Beter roads and services in remote communities the list goes on
When you think they can’t do anything more stupid they seem to out do themselves wow
So they will use tax payer money to out price selling at cost the taxpayer ( independent) servos that’s makes sense this should be fun let’s just make sure it’s open book and they are not allowed to run at a loss