ACCC Probe Moves Closer

Main Roads and Energy Minister Mark Bailey has welcomed comments from the Federal Assistant Treasurer Kelly O'Dwyer suggesting the Australian Competition and Consumer Commission (ACCC) has the resources required to launch an investigation into Queensland’s fuel market.

“Following this week’s Petrol Price Summit I wrote to the ACCC Chairman Rod Sims again, urging him to launch an investigation into why Queenslanders are paying more for fuel than other Australians,” he said.

“Although there had been comments attributed to the ACCC that they didn’t have the resources, I understand that the Federal Assistant Treasurer has now said that the Commission does have significant resources and is equipped to act.

“If that’s the case, then I look forward to hearing from the Federal Government very soon that they’ve heeded the call from the Palaszczuk Government and approved the Queensland probe.

“All the participants at the Summit this week agreed that the scrutiny of an ACCC investigation can deliver real price relief into a local market.

“They’ve already completed an investigation in Darwin, and have two more underway in Launceston and Armidale.

“It’s time that Queensland motorists felt the same price relief, after years of higher margins.”

ENDS

Media Contacts:     Minister Bailey          Tim Shipstone          3719 7321

                                                            Amy Hunter             3719 7324