A new report has confirmed Tasmanians are subject to the least affordable transport costs in Australia, but a law requiring fuel price reporting hopes to cut some of those costs.

The Australian Automobile Association’s latest quarterly Transport Affordability Index showed Launcestonians were spending a higher percentage of their income on transport (15.6 per cent) than those in any other regional centre on average.

Hobart also took out the least affordable capital city nation-wide, with 15.7 per cent of income being spent on transport on average.

The index report considers a full range of costs families face when they own a car, as well as public transport costs and it’s the fourth consecutive quarter both Tasmanian cities have been the least affordable.

The state government and RACT are hoping a new fuel price monitoring reporting law will help to reduce household transport costs in the state.

A government spokesperson from Transport Minister Michael Ferguson’s office said a Code of Practice for fuel price reporting was tabled in parliament on Monday.

However before it can become law, making it mandatory to report fuel prices, it needs to be endorsed by both levels of parliament.

They said the app and website which will be used once it becomes law in the state were well advanced and being tested.

RACT chief member experience Officer Stacey Pennicott said the disparity in fuel costs needed to be addressed and hopefully would be by the app.

She said the average household in Launceston spent $72.60 to fill up each week, but with mainland fuel prices could save more than $500 a year.

“Tasmanians continue to be left in the unenviable position of having the highest fuel costs and fuel expenditure in the nation combined with some of the nation’s lowest average earnings,” she said.

Bass MHR Bridget Archer said she supported the fuel price reporting measures as it was an important issue for the community.

“Tasmania generally is affected by higher transport costs, which is often attributed to the price of shipping fuel to our state,” she said.

“This is why I’ve been working with my colleagues… to highlight that our unique geography in no way accounts for the large discrepancy in petrol pricing that exists between our island state and the mainland.”

Extracted in full from: https://www.examiner.com.au/story/6886974/launceston-has-least-affordable-transport-costs-in-australia/

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