Queensland’s Premier has accused the big fuel retailers of price gouging during this first week of the school year as prices have risen around 20 cents per litre over the past week.
The average price in Brisbane for unleaded is 1.49 which is 12 cents higher than the average Sydney price.
CEO of Australasian Convenience and Petroleum Marketeers Association Mark McKenzie says Brisbane’s 30 to 40 day fuel cycle is responsible for the sharp rise.
However, Premier Palaszczuk stopped short of approving RACQ’s calls for a boycott.