Liberals ready to end the petrol rip-off  

The Canberra Liberals stand ready to end the petrol price rip-off in the ACT to support families who are already doing it tough, Canberra Liberals Leader Alistair Coe said.

If Labor is prepared to come to the table to implement reforms, the Canberra Liberals are prepared to consider it on the next sitting day.

“Canberrans have always been ripped off at the bowser and we stand ready to end the petrol price rip-off affecting so many families,” Mr Coe said.

“Even when petrol prices around the world are plummeting, Canberrans are still being disadvantaged with disproportionately higher petrol prices. Even in Goulburn and Yass right now, some petrol stations are offering petrol a full 10 cents cheaper than what’s widely available in Canberra.

“Canberra families deserve a better deal. The Canberra Liberals will do everything we can to reduce cost of living pressures, particularly at a time when cost of living pressures are increasing.

“There are a range of measures the ACT Government can implement such as real-time petrol price monitoring, improving business competition, reducing taxes and stopping daily price gouging.

“We need to look at ways to alleviate harmful taxes which are inevitably passed on to motorists, and red tape reduction to attract and strengthen competition.

“Reforms are needed to help make Canberra’s petrol market more predictable and transparent, giving Canberra motorists a fairer deal and greater consumer confidence.

“We stand ready to implement reforms and if the ACT Government is prepared to come to the table, I see no reason why we can’t deal with this when the Assembly returns,” Mr Coe said.

Background:

  • In January 2019, the Canberra Liberals committed to trial real-time petrol price monitoring and a price cap if elected to form government in October 2020
  • The Canberra Liberals wrote to the Australian Competition and Consumer Commission requesting an investigation into Canberra’s petrol prices
  • An analysis by the Canberra Liberals found Canberra households paid on average $450 more for fuel per year than households in NSW
  • An NRMA survey released in April 2019 found 94 per cent of respondents were supportive of an independent petrol price monitoring scheme in the ACT