Petrol prices expected to fall as road user charges replace fuel tax
New Zealand petrol prices are expected to decline as the government replaces fuel tax with road user charges.
Petrol prices at the pump are expected to fall as road user charges are set to replace fuel tax. An April briefing indicated that fuel tax would need to rise 26 percent to match the cost of road user charges. Global oil prices have also fallen recently after the US paused plans to escalate strikes against Iran.
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interest.co.nz
FX markets subdued
Oil prices fell sharply after the US paused plans to escalate strikes against Iran, supporting a move lower in global bond yields. But an initial rally in US equities faded
NZ Herald
Petrol prices expected to fall as road user charges set to replace fuel tax, officials say
An April briefing warned fuel tax would need to rise 26% to match road user charges.
Newstalk ZB
Petrol prices expected to fall as road user charges set to replace fuel tax, officials say
Prices at the pump are expected to fall eventually – but not necessarily for the reason you might think.