Now is the time to fill the tank
As petrol prices start to rise across Brisbane, RACQ is urging drivers to fill up ahead of the long weekend while cheaper fuel is still available.
RACQ spokesperson Nicky Haydon said 10 percent of sites across Greater Brisbane are charging 191.9 cents per litre (cpl) for regular unleaded petrol (ULP).
“If your tank is getting low, now’s the time to head to the bowser as we are seeing a price hike in the Brisbane area and we expect more sites to follow suit,” Ms Haydon said.
“While there aren’t any signs of prices hiking in Ipswich or on the Gold and Sunshine Coasts just yet, this could change in the coming days so don’t delay filling up.
“The good news is, there are still plenty of cheaper deals available ahead of the long weekend across Brisbane, so look out for those sites and aim to pay 160cpl or less.”
Ms Haydon said the increase to prices was part of the south east’s regular price cycle.
“We’ve seen petrol prices fall right across Queensland since the cut to fuel excise was introduced last month and we’re continuing to monitor this closely,” she said.
“What we’re now seeing is prices starting to climb again as we enter the hiking phase of the cycle and move towards the expensive phase.
“In regional Queensland, where there is no price cycle, ULP prices continue to trend down.”
Ms Haydon urged drivers to do their research before heading to the bowser.
“Our research shows convenience is the top reason people pull into a servo and fill up, but in Brisbane, there’s currently up to 40cpl difference between the cheapest and most expensive spots – so it really does pay to shop around,” she said.
“Use apps like RACQ’s Fair Fuel Finder to track down the best deals and if you’re heading away for the weekend, check out the prices along your route and at your destination, as you might find it’s actually cheaper to fill up there.”
SEQ Fuel Prices:
|
Location |
Latest average ULP price |
|
Brisbane |
162.4cpl |
|
Gold Coast |
161.6cpl |
|
Sunshine Coast |
163cpl |
|
Ipswich |
163.5cpl |
|
Toowoomba* |
166.2cpl |
*Toowoomba has its own fuel price cycle, which is currently in the cheap phase.
Regional Queensland Fuel Prices:
|
Location |
Latest average ULP price |
|
Cairns |
174.9cpl |
|
Townsville |
167.2cpl |
|
Mackay |
175.3cpl |
|
Rockhampton |
176.7cpl |
|
Gladstone |
170.9cpl |
|
Hervey Bay |
161.9cpl |
|
Maryborough |
166.6cpl |
|
Bundaberg |
168.7cpl |
Related topics
-
The information in this article has been prepared for general information purposes only and is not intended as legal advice or specific advice to any particular person. Any advice contained in the document is general advice, not intended as legal advice or professional advice and does not take into account any person’s particular circumstances. Before acting on anything based on this advice you should consider its appropriateness to you, having regard to your objectives and needs.
Insurance products (excluding Travel Insurance) are issued by RACQ Insurance Limited ABN 50 009 704 152 (RACQ). Conditions, limits and exclusions apply. This is general advice only and may not be right for you. This information does not take your personal objectives, circumstances or needs into account. Read the Product Disclosure Statement (PDS) and any applicable Supplementary PDS before making a purchase decision on this product. You can also access our Target Market Determinations on this website.
Banking and loan products issued by Members Banking Group Limited ABN 83 087 651 054 AFSL/Australian credit licence 241195 trading as RACQ Bank. Terms, conditions, fees, charges and lending policies apply. This is general advice only and may not be right for you. This information does not take your personal objectives, circumstances or needs into account. Read the disclosure documents for your selected product or service, including the Financial Services Guide and the Terms and Conditions, and consider if appropriate for you before deciding.
Except for RACQ Bank, any RACQ entity referred to on this page is not an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Cth). That entity’s obligations do not represent deposits or other liabilities of RACQ Bank. RACQ Bank does not guarantee or otherwise provide assurance in respect of the obligations of that entity, unless noted otherwise.
RACQ Operations Pty Ltd (ABN 80 009 663 414 AR 000234978) and Members Travel Group Pty Ltd (ABN 45 144 538 803 AR 000432492) are acting as an Authorised Representative of the issuer of the insurance, Tokio Marine & Nichido Fire Insurance Co., Ltd. (ABN 80 000 438 291 AFSL 246 548). Any advice set out above is general in nature only, and does not take into account your objectives, financial situation or needs. Before purchasing any travel products, please consider the RACQ Travel Insurance Product Disclosure Statement (PDS) and the Target Market Determinations (TMDs) that apply to these products. Whilst the PDS outlines the Terms and Conditions of these products, the TMDs outline the intended class of customers that comprise the target market for these travel products. This will allow you to consider which products best suit your objectives, financial situation and needs and consider the products appropriateness to your personal circumstances. TMDs also outline matters involving the distribution and the review of these products. The PDS, Supplementary PDS and TMDs for each travel product can be found here.