Coe’s plan to bring down petrol prices

Share Canberra's trusted news:
Opposition Leader Alistair Coe

CANBERRA Liberals are trialling real-time petrol pricing in a bid to help bring down the ACT’s expensive fuel prices, according to Opposition Leader Alistair Coe. 

“We’re being ripped off,” Mr Coe says.

“Canberra is the most expensive place in Australia to buy fuel.”

He says the average price for unleaded petrol in Canberra is around 145.9c per litre compared to 125.2c per litre in NSW (as of January 21). In Belconnen it’s 146.4 per litre compared to 112.5 in Bowral – that’s 33c per litre more.

In 2001, the Independent Competition and Regulatory Commission recommended the introduction of a public information system to monitor petrol prices, but, Mr Coe says the ACT government is yet to implement it. 

“We don’t believe it’s fair that Canberrans have to pay 20 – 30c more per litre than other Australians,” he says. 

“That may mean Canberrans are paying about $20 more than the rest of the country to fill up the tank.”

Mr Coe says by trialling real-time monitoring of fuel prices it will improve transparency and encourage healthy competition among retailers.

“Petrol retailers will be required to report changes to fuel prices by 6am every morning,” he says. 

“After fuel prices have been locked in, they will not be allowed to rise in a 24 hour period.

“Other jurisdictions that have introduced real-time price checking such as NSW or WA clearly have a more affordable fuel market.”

Mr Coe says he’s writing to the Australian Competition and Consumer Commission to request an investigation into Canberra’s petrol prices.

Who Can You Trust?

In a world beleaguered by spin and confused messages, there's never been more need for diverse, trustworthy, independent journalism in Canberra.

Who can you trust? Well, for more than 25 years, "CityNews" has proudly been an independent, free, family-owned news magazine, serving the national capital with quality, integrity and authority. Through our weekly magazine and daily through our digital platforms, we constantly and reliably deliver high-quality and diverse opinion, news, arts, socials and lifestyle columns.

If you trust our work online and believe in the power of independent voices, I encourage you to make a small contribution.

Every dollar of support will be invested back into our journalism so we can continue to provide a valuably different view of what's happening around you and keep free.

Click here to make your donation and you will be supporting the future of journalism and media diversity in the ACT.

Thank you,

Ian Meikle, editor

Previous articleYMCA has a new chief
Next articleTram takes off on Northbourne


  1. Something we can do right now is shop at independent grocers. It’s the grocery majors that have the fuel station duopoly so, if they insist on hurting us at the bowser, we can hurt them at the checkout.

Leave a Reply