RACV welcomes mandatory fuel price reporting but urges the Victorian Government to share pricing data to support more Victorian motorists
RACV today announced its support for Victoria's proposed Fair Fuel Plan, subject to the data being freely available to all platforms so that fuel price data remains open and accessible through existing consumer platforms.
In a submission to the Department of Government Services, RACV endorsed the plan's goal of improving transparency and access to real-time fuel prices but stressed the critical importance of sharing this data with third-party applications that Victorians already use to find cheaper fuel.
"We strongly support mandatory fuel price reporting across Victoria, but the real benefits will only be realised if this data is made available to all platforms that help consumers save money," said RACV Head of Policy, James Williams.
"RACV's fuel finding apps already help our 2.2 million members find cheaper fuel, but we're currently missing about 25 per cent of the market because some independent retailers don't participate in voluntary reporting schemes. The Fair Fuel Plan addresses this gap."
Immediate consumer benefits through existing apps
RACV operates two fuel finding platforms – the RACV App for members and the free Arevo app – which together provide real-time fuel price comparisons updated every 15 minutes. Unlike the proposed Service Victoria platform, these apps also provide access to member fuel discounts, including up to 5c per litre savings at EG Ampol stations.
"Victorian motorists are already using our apps to save money on fuel. If the government shares its comprehensive data with us, we can deliver immediate benefits to consumers rather than asking them to