Petrol price hike outrageous, Labour says
Wed, 13 Jun 2012 5:33a.m.
The Government's petrol price hike is being described as an outrageous tax grab.
Labour says people are being told to tighten their belts and now they're being socked with an excise increase of 2 cents a litre.
Transport Minister Gerry Brownlee announced the price rise on Tuesday, saying it was deferred from July last year because of the financial crisis and the Canterbury earthquakes.
Road user charges for freight operators are also going up by 4.1 percent, although rule changes mean they won't be uniform across the industry.
"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," Mr Brownlee said.
It's effective from August 1 and Labour's transport spokesman, Phil Twyford, says the Government is going to rake in an extra $100 million a year.
"This will hit motorists at a time when Kiwi families are struggling to make ends meet," he said.
"Businesses are working overtime to keep afloat and the last thing they need is an increase in transport costs."
Mr Twyford says the money will add to billions already being spent on highways which, on the Government's own figures, are poor value for money in economic terms.
"It should invest more in rail, coastal shipping and public transport instead of pouring $10 billion over the next 10 years into their hand-picked motorway projects."
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13/06/2012 3:36:55 p.m.
As if petrol prices weren't high enough. Those National clowns should admit that there is a pool of revenue ready for the taking in the form of a capital gains tax. The middle and lower classes will feel the pinch the most which is the real tragedy.
13/06/2012 3:17:52 p.m.
If this was deferred from July last year, hasn't the increase in the price of petrol more than covered this with the increased GST take??
13/06/2012 9:46:14 a.m.
Big D wrote:
Typical of this Govt crowd. I did not hear it mentioned in the budget. Suppose it was to make the budget look better than it was.
They will not put too much into a transport facility that is proven to be the most economical, but speed on roads to benefit the private road operators who ruin the roads with their larger and larger still big rigs.
13/06/2012 9:43:42 a.m.
There would be plenty of road and petrol tax if successive goverments didnt keep pilfering it for the consolidated fund. And that includes labour govements before all you lefties start an anti nats rant.
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