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Costco Fuel Outlet In Queensland Sparks Immediate Price War: RACQ

Costco’s foray into the Australian fuel market has sparked an immediate price war in the area surrounding its new Queensland location, according to the RACQ.  The new service station opened at Costco’s North Lakes warehouse just o


Costco’s foray into the Australian fuel market has sparked an immediate price war in the area surrounding its new Queensland location, according to the RACQ

The new service station opened at Costco’s North Lakes warehouse just over a month ago, selling unleaded petrol for up to seven cents per litre less than the average price in nearby Brisbane.  

RACQ’s Renee Smith said this had prompted other fuel outlets in the area to lower their prices in order to compete with Costco.

 

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