Australasian Convenience and Petroleum Marketers Association hits back over claims Caboolture pays too much for petrol
Trenton Akers, 02 January 2016
THE Australasian Convenience and Petroleum Marketers Association (ACPMA) has hit back atclaims by the ACCC that fuel prices in the Caboolture area are excessively high compared to other regions in Queensland.
Chief executive Mark Mckenzie said that despite enjoying “healthy profit margins”, retailers in the area were forced to do so to make ends meet.
“While Caboolture is not far out of Brisbane, the retailers there do not sell the volume of petrol that those in Brisbane do,” he said.
“The way you run your business as a fuel retailer is that it’s a volume-based business.
“If I’ve got the same fixed price as a Brisbane service station that sells twice as much petrol as I do, I’m going to have to take a greater margin.”
Mr Mckenzie urged locals to support the independent retailers, saying that they constantly had lower margins to entice consumers.
“We don’t know why, but people prefer to pay more than go to the independents. We have a study to show that,” he said.
Extracted in full from the Caboolture Shire Herald.