Govt extends half-price public transport, cut on fuel excise tax

Govt extends half-price public transport, cut on fuel excise tax
PM Chris Hipkins, flanked by Michael Wood, left, and Grant Robertson. (Image: BusinessDesk)
Riley Kennedy
The government has moved to extend half-price public transport fares and the 25c-a-litre cut to petrol excise tax – again.Early last year, as fuel prices started to rise, the government cut the excise tax on fuel and introduced half-price fares on public transport to combat the rising cost of living.The move was initially for three months but has since been extended three times.Despite the government previously ruling out another extension under Jacinda Ardern’s leadership, prime minister Chris Hipkins, flanked by minister of financ...

More Economy

Rise in liquidations compounded by IRD crackdown
Economy

Rise in liquidations compounded by IRD crackdown

The IRD filed two-thirds of creditor applications in the March quarter.

Gregor Thompson 22 Apr 2025
RBNZ assistant governor resigns
Economy

RBNZ assistant governor resigns

The announcement comes just weeks after governor Adrian Orr suddenly quit.

John Anthony 17 Apr 2025
Annual inflation lifted 2.5% in the first quarter
Economy

Annual inflation lifted 2.5% in the first quarter

The lift was a tad higher than RBNZ forecasts. 

Staff reporters 17 Apr 2025