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Queensland premier floats cap on petrol price rises, state-owned fuel stations in re-election bid

www.abc.net.au Queensland premier floats cap on petrol price rises, state-owned fuel stations in re-election bid

Queensland Premier Steven Miles says the state-owned fuel stations would operate on a cost recovery basis and would sell petrol and diesel alongside electric vehicle fast chargers.

  • Labor will establish 12 publicly-owned fuel stations if re-elected in October, with the sites to be determined by where competition is most needed across the state.
  • In his state of the state address on Tuesday, Mr Miles will also announce Labor's plan to ban petrol stations from raising the price of fuel more than once a day and a trial to cap price increases to 5 cents a litre a day.
  • Australasian Convenience and Petroleum Marketers Association chief executive Mark McKenzie told ABC Radio Brisbane it was unclear if Labor had the ability to implement the plan.
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