Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 


Petrol Prices In Line With World Trend - Bradford

"Ministry of Commerce analysis shows that the increases in pump prices experienced so far in New Zealand have not been out of line with the movements in world prices," Enterprise and Commerce Minister Max Bradford said today.

“As world crude oil and petrol prices move up, we must expect pump prices in New Zealand to follow, just as they have when crude oil prices have fallen. This has also been the experience with pump prices in other countries.

“Because New Zealand petrol retailers have similar costs, it is not especially surprising to see pump price movements at different outlets closely follow each other," Mr Bradford said.

"However, there will on occasion be market positioning by retailers, and recently the South Island was advantaged by some lesser increases than those experienced in the North Island.

“The Government is committed to ensuring that we have a competitive petrol market operating in the best interest of consumers.

"Accordingly, I have asked the Ministry of Commerce to continue to monitor price movements closely and report regularly to me.

"Consumers can encourage competition by patronising retailers offering the lowest prices.

"If the Automobile Association has any evidence of anti-competitive activities, it can draw it to the attention of the Commerce Commission, but there will need to be real evidence provided,” Mr Bradford said.

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Ruataniwha: DOC, Hawke's Bay Council Developer Take Supreme Court Appeal

The Department of Conservation and Hawke's Bay Regional Investment Company (HBRIC) are appealing to the Supreme Court over a conservation land swap which the Court of Appeal halted. More>>

ALSO:

With NZ's Marama Davidson: Women’s Flotilla Leaves Sicily – Heading For Gaza

Women representing 13 countries spanning five continents began their journey yesterday on Zaytouna-Oliva to the shores of Gaza, which has been under blockade since 2007. On board are a Nobel Peace Laureate, three parliamentarians, a decorated US diplomat, journalists, an Olympic athlete, and a physician. A list of the women with their background can be found here. More>>

Gordon Campbell: On The Key Style Of Crisis Management

At Monday’s post Cabinet press conference Key was in his finest wide- eyed “Problem? What problem?” mode. No, there wasn’t really a problem that top MPI officials had been at odds with each other over the meaning of the fisheries policy and how that policy should be pursued... More>>

ALSO:

Mt Roskill: Greens Will Not Stand In Likely Post-Goff By-Election

“The Green Party’s priority is changing the Government in 2017, and as part of that we’ve decided that we won’t stand a candidate in the probable Mt Roskill by-election... This decision shows the Memorandum of Understanding between Labour and the Green Party is working." More>>

ALSO:

Wellington: Predator Free Capital Plan

Wellington City Council (WCC), the Greater Wellington Regional Council (GWRC) and NEXT Foundation, today announced a joint collaboration to make Wellington the first Predator Free capital city in the world. More>>

ALSO:

Gordon Campbell: On Judith Collins’ Efforts At Self Correction

Thousands of prisoners currently in prison may be entitled to an earlier release than expected – and compensation – because Corrections has incorrectly calculated their term of imprisonment. Unless of course, the government buries its mistakes by changing the law and retro-actively getting itself off the hook… More>>

ALSO:

More Justice & Corrections

Sector Opposes Bill: Local Government Bill Timeframe Extended

The Minister of Local Government Peseta Sam Lotu-Iiga has asked the Select Committee to extend the report back date for the Local Government Act 2002 Amendment Bill (No 2). More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news