Increases to fuel prices will be capped to just five cents per litre per day under a Queensland election pitch by the state government targeting further cost-of-living relief.
Premier Steven Miles has also vowed to set up 12 state-owned petrol stations, while working with motoring body RACQ to trial a daily limit on petrol price increases.
“We don’t control global oil prices and we can’t force privately owned petrol retailers to charge less at the bowser, but a government I lead will do whatever we can to bring petrol prices down,” Miles said.
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“Publicly owned fuel stations will charge a fair price for fuel, increase competition, and ensure Queenslanders have more choice when it comes to filling up.”
The publicly-owned stations will sell petrol, diesel and cater for electric vehicle fast chargers, according to the premier.
The pitch comes a day after bold 50c public transport fares have come effect in a six-month trial, with the government including multiple cost-of-living tailored packages for the financial year in its July budget, ahead of the October election.
The government trails the Liberal National Party opposition in polling.
The Australian Institute of Petroleum has been contacted for a response.