Petrol companies could face $100,000 fines under price regulation plan

  • 📰 brisbanetimes
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 67%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

With some details still lacking, Queensland’s Labor government is defending its promise to limit fuel price rises and boost competition if re-elected.

Petrol companies that breach Queensland Labor’s promised price clampdown could face $100,000 fines, and service stations be forced to pay back any overcharged motorists, if the regulations follow an interstate model.

Treasurer Cameron Dick would not be drawn on potential penalties for non-compliance, but said, “if we need stronger sanctions to do that, of course we will look to do that”. “We want to see more competition in the market; in particular more independent fuel retailers,” Miles said. Greater Brisbane’s fuel cycle - shown in red - shows higher fuel prices and longer price cycles. Perth shown in orange has lower prices and more frequent fuel cycle. Labor promises to adopt the WA fuel price scheme.The RACQ’s Dr Ian Jeffreys said there was no evidence the proposed changes would lead to higher average fuel prices.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 13. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Brisbane news live: Premier to cap petrol price hikes; SEQ’s micro-business hotspotFollow live for today’s updates in Brisbane and beyond.
Bron: brisbanetimes - 🏆 13. / 67 Lees verder »