New Zealand slashes fuel taxes from midnight

Jacinda Ardern's Govt slashes fuel taxes from midnight

by Staff Writer 14-03-2022 | 4:42 PM

Kiwi motorists will get some relief from soaring petrol prices, with the Government slashing fuel excise duties and road user charges by 25c a litre each from midnight on Monday (14).

The New Zealand cabinet had decided to reduce fuel excise duties and road user charges by 25c a litre each, for the next three months.

All public transport fares will also be halved from April 1 for three months.

Reduced public transport fares should help cushion the blow some families faced from surging living costs, Finance Minister Grant Robertson said.