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Petrol duties to rise by 2c a litre

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Petrol duties to rise by 2c a litre

3News NZ

Transport Minister Gerry Brownlee estimates the rise in petrol duty will increase average running costs for an average petrol vehicle by around $30 a year

Transport Minister Gerry Brownlee estimates the rise in petrol duty will increase average running costs for an average petrol vehicle by around $30 a year

Petrol duties are going up by 2c a litre from August 1, adding an average of $30 a year to the average petrol bill.

Road user charges for freight operators are also going up but vehicle registration is coming down, Transport Minister Gerry Brownlee says.

Mr Brownlee says the petrol duty was going to rise 1.5c a litre in July 2011 but was deferred due to the financial crisis and the Canterbury earthquakes.

"This increase is effectively a catch-up to ensure there continues to be sufficient revenue available to meet the government's land transport expenditure targets," says Mr Brownlee.

He said the money raised would go towards the annual $1 billion investment in the state highway infrastructure.

Mr Brownlee estimates this increase would increase average running costs for an average petrol vehicle by around $30 a year, or 0.9 percent.

Road user charges for freight operators will go up an average of 4.1 percent, though changes to vehicle weight bands and exemptions means the increase, which also comes into effect on August 1, will not be uniform.

"Some individual vehicles will cost more to operate and some less than they do at present," says Mr Brownlee.

Meanwhile, Mr Brownlee says the cost of licensing and registering vehicles would come down slightly from October 1 following a NZ Transport Agency review.

Different fees will apply to different payment methods, with online payment cheaper than paying over the counter.

NZN

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Comments

14/06/2012 11:10:32 a.m.

FED UP wrote:

Funny how the crafty fat so and so does not mention the nett effect of the increase in RUC charges - absolutely everything will rise in price due to this pernicious tax increase - time to confirm those one way trip to Oz tickets

13/06/2012 9:40:51 a.m.

wondering wrote:

I am wondering @ Izaac, if it is when they have got board with playing pocket billiards with us. Frankly that is how this current govt is making us all feel.

12/06/2012 8:31:31 p.m.

paul wrote:

the govt shouldnt give you anything, at all, just roads and a few other things govt should be downsized big time, gold standard introduced, taxes decreased because there is no shit like working for familys or some shit, lower taxes is a better system but it has to go hand in hand with smaller govt spending.

12/06/2012 7:59:38 p.m.

peter mullons wrote:

Through all the inflation bulls crap that the Nat govt is trying to make us agree with them.Why dont they tax condoms as they keep going up also.

12/06/2012 7:28:14 p.m.

Patrick wrote:

Just when you think Gas prices are dropping, they hike it back up again. Life now really means, "no breaks".

12/06/2012 4:56:07 p.m.

Wolfman wrote:

What else can this government find to tax

12/06/2012 4:52:58 p.m.

izaac wrote:

when is the govt going to get their hands out of our pockets? I supported Nat at the last election but that group of bankers need to sort their shit out and give working class NZ a reason to stay here.