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The price per litre will jump around 29 cents per litre from 1 July 2023 with government subsidies on petrol excise duty and road user charges set to end.
On 30 June the 25 cents per litre discount on petrol will be added at the pump - by the time GST is added the reinstated tax will add nearly 29… View moreThe price per litre will jump around 29 cents per litre from 1 July 2023 with government subsidies on petrol excise duty and road user charges set to end.
On 30 June the 25 cents per litre discount on petrol will be added at the pump - by the time GST is added the reinstated tax will add nearly 29 cents per litre to the price.
Terry Collins from the AA said the upcoming pain at the pump won’t be as severe as just over a year ago when prices were at an all-time high - surpassing $3 per litre for 91.
“Few people will be happy about fuel prices going up, but international oil prices aren’t currently at the highs they were when the tax discount was introduced so the impact will be lower,” he said.
This week, on fuel comparison app Gaspy, a litre of 91 unleaded in Auckland ranged from $2.14 to $2.77 per litre.
With tax added the cheapest available would be $2.43 for 91 and $3.06 per litre for the most expensive.
The majority of service stations are charging $2.49 for a litre of 91 - around $2.78 after 1 July.
For motorists fuelling up with Premium 95 or 98 octane, the price will easily click over $3 per litre, depending on where you fill up.
The fuel discounts were initially introduced in March 2022 after Russia’s invasion of Ukraine lead to a spike in fuel prices.
Discounted fuel then continued as part of the Government’s cost of living relief package.
Collins said the tax relief was welcomed by the AA but it accepted it had to be added back at some stage - with motorists using the roads coughing up rather than all taxpayers.
“The fuel tax money that motorists pay goes into maintaining and improving roads, as well as other transport network investment, and we all know our transport network is in dire need of upgrades,” he said.
The discount equated to around $2 billion lost in tax income Collins said.
Collins urged motorists to fuel up early to avoid queues at petrol stations.
“I’d encourage people not to leave filling up to the last minute if they want to avoid queues or the pumps running dry.”
He said service stations overseas had been swamped with motorists in the same circumstances causing long queues and hazards.
“Also, to avoid the possibility that some petrol stations might sell out if there’s a final rush in your neighbourhood, take advantage of the lower prices a day or two early.”
The message was supported by Simon Bradwell of the Motor Trade Association who urged motorists to be kind to staff if there were delays.
“At this stage, it’s hard to know how things will play out when the subsidy ends. What we would ask is that motorists don’t take out any frustrations on service station staff. They aren’t the ones responsible for prices going up when the subsidy ends,” Bradwell said.
“Similarly, if there are queues on June 30 as people look to fill up, don’t get impatient with staff. Everyone will be doing their best.”
Jessica Walker from Consumer NZ said the upcoming price hike would put Kiwi families under added pressure.
“When the tax was removed, we saw a drop in fuel costs being a top concern, from four in 10 people to about three in 10,” Walker said.
“Fuel costs went from 6th to 10th on (a list of 14) financial worries.”
Walker said when fuel prices dropped households were able to redirect spending to other rising costs - such as food.
“Now, it seems folks are likely to spend more on both fuel and groceries,” she said.
“We recommend New Zealanders make use of the Gaspy app, which is free to download, and gives customers the power to choose the cheapest fuel by comparing what’s available in their area,” Walker said.
And it’s not just motorists who will be hit in the pocket. Some using public transport will notice a price hike as current public transport subsidies are also set to end.
This means ticket prices will double for adult bus and train users from 1 July.
Prices for children and young people will continue to be discounted. From 1 July, children aged 5-12 are meant to join under-5s and ride for free and tickets should remain at half price for young people aged 13-24 as well as for Community Service Card holders and Total Mobility Users.
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Attention Market Bargain Hunters, we have our 2nd tri-annual night market this coming Friday the 30th of June from 5:00pm to 10:00 pm. With over twenty years of local market experience we will have everything and more at prices that will keep our regular customers and make new ones. From Tools to … View moreAttention Market Bargain Hunters, we have our 2nd tri-annual night market this coming Friday the 30th of June from 5:00pm to 10:00 pm. With over twenty years of local market experience we will have everything and more at prices that will keep our regular customers and make new ones. From Tools to T-shirts, toasties to technology, there will be something for everyone. So don’t miss the opportunity to be part of our local celebration which gives directly back to building up and equipping our community.
Transform assorted old brown cane furniture into Cape Cod classics using sandy-toned Resene neutrals and restrained blue accents.
Find out how to transform your own with this handy advice.
On 13th June, HSBC had made an announcement on winding down their retail banking business.
Take advantage by refreshing your existing mortgage arrangement by engaging a financial adviser like us!
Read more by clicking the following link:
skfg.co.nz...
To all Business Owners, Neighbourly is here to help you keep connected with your neighbours, we’re offering Neighbourly Premium Business Listings FREE for three months.
You’ll feature in the local business directory and be able to post out to your surrounding suburbs once per week
… View moreTo all Business Owners, Neighbourly is here to help you keep connected with your neighbours, we’re offering Neighbourly Premium Business Listings FREE for three months.
You’ll feature in the local business directory and be able to post out to your surrounding suburbs once per week
T&Cs apply.
We are looking for passionate and dedicated volunteers who'd like to dive into the world of retail, charity and fashion.
If you’d like to volunteer in our Red Cross Shop and you're looking for a fun team to spend a few hours with while doing good, just hit the button below for more … View moreWe are looking for passionate and dedicated volunteers who'd like to dive into the world of retail, charity and fashion.
If you’d like to volunteer in our Red Cross Shop and you're looking for a fun team to spend a few hours with while doing good, just hit the button below for more information👇 or give us a call on 09 622 1565 to have a chat.
Sir Tim Shadbolt drew some criticism after suggesting a statue be erected in his town for his long-standing mayorship in Invercargill. This week is National Volunteer Week, a time to reflect on those who have given their time selflessly to your community and made a difference. So, which local do … View moreSir Tim Shadbolt drew some criticism after suggesting a statue be erected in his town for his long-standing mayorship in Invercargill. This week is National Volunteer Week, a time to reflect on those who have given their time selflessly to your community and made a difference. So, which local do you think deserves recognition? Tell us why!
Type 'Not For Print' if you wish your comments to be excluded from the We Say You Say column of your local paper.
We are downsizing and have to sadly part with our piano - lovely tone and has been tuned a year ago has an iron base so will need heavy duty lifters offers around $300.00 text please 027 22 333 04
To preserve kauri for generations to come, we need to give them space to grow. That’s why 10 rules have been introduced as part of a National Plan to protect kauri from the pathogen that causes kauri dieback disease.
You will need to follow the rules for protecting kauri if you:
- … View moreTo preserve kauri for generations to come, we need to give them space to grow. That’s why 10 rules have been introduced as part of a National Plan to protect kauri from the pathogen that causes kauri dieback disease.
You will need to follow the rules for protecting kauri if you:
- Go into a kauri forest area
- Grow kauri plants/trees
- Have kauri on your property
- Own farm animals/stock that graze in or near a kauri forest
Together we can protect kauri. Find out what you can do
Are you in search of trusted professionals for your house painting needs in Auckland? Look no further! We are a dedicated team of experienced house painters specializing in both residential and commercial painting services.
Alta Painters take pride in delivering efficient, reliable, and … View moreAre you in search of trusted professionals for your house painting needs in Auckland? Look no further! We are a dedicated team of experienced house painters specializing in both residential and commercial painting services.
Alta Painters take pride in delivering efficient, reliable, and impeccable results. Whether you are planning to renovate the look of your house or require painting services for your commercial property, we have got you covered.
Don't hesitate to reach out to us today to discuss your painting needs. We are eager to bring a fresh and vibrant look to your space.
altapaintersnz@gmail.com
0211004950
Please pickup onehunga call 02102620171
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