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Price of petrol up 20 cents before Govt fuel taxes

Jami-Lee Ross - Transport

17 July 2018


Figures released by Statistics NZ today show petrol prices for the year to June were up 20 cents per litre, even before the Government’s extra 25 cents per litre tax increases started coming into force on 1 July, National Party Transport spokesperson Jami-Lee Ross says.

“New Zealander’s will be seriously concerned about the extra fuel taxes in light of today’s new figures showing that petrol has already been on the rise under this Government. And the additional taxes will lift the price of petrol by a further 25 cents per litre in Auckland – alone costing a typical commuting family up to $15 per week more than it does already.

“The fuel taxes combined with the already rising petrol prices will mean Auckland households will be paying 45 cents per litre more in fuel under this Government than they were this time last year – or around $27 more per week for an average family.

“We know it is hard working low to middle income families that are most affected by higher petrol prices. The Government can’t pretend it’s concerned about New Zealand families, particularly those on lower incomes, and then turn around and implement policies that make things worse.

“This is a Government that is adding thousands of dollars a year in costs to Kiwi households through cancelled tax cuts, higher rents, slower GDP growth and the cost of petrol. Its bad policies and poor priorities are leaving Kiwis significantly worse off.”

ends

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