Victoria Introduces Daily Cap Amid Concerns of Fuel Price Surge

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.