Despite the Queen’s Birthday long weekend feeling like it was last year, motorists have been warned to look out for the best prices at the petrol bowser.
Fuel prices were set to rise over the three-day period, with motorists being urged to ‘shop around’ for the best deal.
Finance and household savings expert Rod Attrill said: “Aussies were paying an average of 144.4cpl at the bowser over the last quarter since March — 8.8cpl more than the January-to-April quarter.”
“Our petrol price analysis reveals that Sydney had the lowest petrol prices across the major capital cities, at 142.4cpl on average, while Brisbane paid the highest at 146.4cpl — 4cpl more.”
“It’s recommended that savvy motorists shop around and compare prices at both major and smaller fuel retailers to find the most competitive deal, even if it means driving a little further out,” Mr Attrill said.
“We advise motorists to compare fuel prices across a range of retailers as driving a little bit further could save you financially this coming long weekend.
“Fuel comparison services such as comparethemarket.com.au allow Aussies to compare prices across a range of stations in their local area.”
The price monitoring analysis found that Sydney prices at the low end of the price cycle were set to rise across the three-day-period.
Despite this ananylsis, Peter Khoury of the NRMA said he had expected prices to continue to fall across the country.
“Nationally, prices are falling depending on where you live … the wholesale price of petrol has plummeted, and there is still some way for it to fall still over the next week or so, so certainly the trend is positive,” he said.