Victoria Introduces Daily Cap Amid Concerns of Fuel Price Surge

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Australia NewsPetrol stations must lock in prices for 24 hours under Victoria’s new anti–price gouging laws.A driver fills up tanks at pumps in a Shell gas station on Parramatta Road in Sydney, Australia on March 10, 2026. George Chan/Getty ImagesJerry Zhu3/11/2026|Updated: 3/11/20260:00Victoria’s new laws aimed at preventing fuel price gouging have come into effect, requiring petrol retailers to lock in their prices for 24 hours.In a statement on Mar. 10, state Premier Jacinta Allan said the Labor Government was “stopping Victorians from getting ripped off” when filling up.

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