Cairns Chamber of Commerce CEO Patricia O’Neill said this could provide relief for local businesses already feeling the weight of wage rise demands and supply chain shortages.
“An increase in fuel outlets will increase competition and hopefully put downward pressure on prices for the benefit of local business and consumers,” she said.
“From a business perspective, when fuel is a major expense the last thing one can afford is continually rising prices, which are then passed on to consumers.”
Developers are planning to build a new service station, fast food and mixed use business centre on the site of the former Cairns Tropical Zoo at the corner of Bokissa Rd and the Captain Cook Highway beside the Palm Cove turn-off. Photo: supplied.
Fuel prices in Cairns have increased by 5.3 cents per litre over the past week.
RACQ’s fair fuel price finder states a fair unleaded petrol price in Cairns is about $1.97 per litre and a fair diesel price is $2.01 per litre.
While a smattering of fuel stations currently offer petrol prices under the “fair price”, none can do the same for diesel; the cheapest diesel is $2.06 at Ampol Cairns, United Woree and Puma Portsmith, all located in Portsmith.
“Petrol prices in regional Queensland are completely dependent on global oil prices,” said Lauren Cooney, a spokesperson for RACQ.