The abolition of the Road Safety Remuneration Tribunal will deliver certainty to Queensland farmers and allay fears of massive hikes in transport costs, AgForce General President Grant Maudsley said today.

Mr Maudsley welcomed the repeal of the Road Safety Remuneration Act 2012, which he described as a "victory for common sense".

"This is great news for farmers and rural businesses throughout Queensland who can now get back to work without the fear of large fines or massive hikes in transport costs looming over them," he said.

"The Tribunal's decisions could have smashed small transport businesses and had dire flow-on impacts for the agriculture industry which relies on these businesses and for the many farmers who run their own transport businesses as a form of supplementary income.

"The abolition of the Tribunal means that longstanding arrangements for moving stock and feed can be restored and it removes the uncertainty that came with the Tribunal's 2014 and 2016 Orders.

"It means rural businesses servicing the agriculture and transport sectors can keep their doors open.

"The role of Government is to put in place policy settings that support a thriving and competitive market, not to distort the market by fixing prices far beyond what the market can afford.

"I'm pleased sanity has prevailed and I congratulate the National Farmers Federation for the hard work they have done campaigning on this issue on behalf of the agricultural sector across the country."

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