Fair price watch

Are you paying a fair price for fuel in Australia?

The Australia retail average is about 14c per litre above the terminal gate benchmark for U91, before excise and GST. Track the margin and compare it with recent pump prices.

Woman checking the FuelRadar app beside a fuel pump
Retail marginU91 vs wholesale

FAIR

U91 margin is 13.5c per litre

The retail margin is 13.5c per litre. Within the normal 12–18c band. Prices are around the fair range.

U91 average

174.5c

Wholesale (TGP)

161c

Retail margin

13.5c

Plus tax

~50c excise + GST

Live market context

Retail vs wholesale, fuel by fuel

How far above the terminal gate price each grade is being sold across Australia.

Brent crude

US$85.80

Global crude benchmark. Large moves usually filter into Australian wholesale prices with a delay.

AUD/USD

0.6985

Fuel is traded in US dollars. A weaker AUD increases local import costs.

Retail-TGP

+13.5c/L

Gap between the national U91 retail average and terminal gate wholesale benchmark.

Petrol cover

41d

Reported national petrol stock cover in days.

Diesel cover

37d

Reported national diesel stock cover in days.

Jet cover

33d

Reported national jet fuel stock cover in days.

Stations dry

328

Stations with at least one fuel grade currently reported as unavailable.

Wholesale by city

Wholesale price by capital city

What retailers in each capital pay at the terminal gate before tax and margin, Australia-wide. Compare it against your local pump price to judge the margin.

Capital cityU91 wholesaleDiesel wholesale
Sydney161.0c183.9c
Melbourne160.4c184.0c
Brisbane161.3c183.9c
Adelaide160.6c182.8c
Perth160.0c178.7c
Darwin169.3c193.9c
Hobart165.2c185.8c

How fair pricing works

Wholesale vs retail, explained

The pump price is the wholesale terminal gate price, plus tax, plus the retailer margin. Here is how to read it.

Terminal gate price (TGP)

The published wholesale price retailers pay at the fuel terminal, set daily. It moves with Brent crude and the AUD/USD exchange rate, usually 1-2 weeks behind global moves.

Tax: excise + GST

Fuel excise is around 50c per litre and GST adds 10% on top. Together they are a large, fixed slice of every litre. Unrelated to whether the retailer's margin is fair.

The retail margin

What is left after wholesale and tax is the retailer's margin. A margin sustained above 25c per litre can mean pump prices have not moved down with wholesale costs, or that local competition is weaker.

What you can do

You cannot change wholesale or tax, but you can compare nearby stations. Use this as a guide, then check the station price, update time and distance before detouring.

Market signals
Brent crudeUS$85.80/bbl
AUD/USD0.6985
Retail–TGP margin+13.5c/L
Stations dry328
Petrol cover41d
Diesel cover37d

Frequently asked

Fair fuel pricing FAQ

The U91 retail average is about 14c per litre above the terminal gate benchmark (c175 retail vs c161 wholesale). A higher margin can reflect cycle position, local competition and timing between wholesale and retail price moves.

See fair prices near you

  • Fair pricing is really about the retailer margin. The part you can influence by choosing where and when to fill.
  • Open the fuel map to see which stations near you are closest to the wholesale price, or check the full market dashboard for the signals behind today's prices.