Barry Soper: Were we surprised by the Government's fuel tax announcement?
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The Government has confirmed it's cancelling next year's fuel tax hike.
The excise was due to increase 12-cents a litre from the first day of 2027, but will instead go up 5-cents a litre from 2028.
Transport Minister Chris Bishop says this will give Kiwis more time to recover from post-Covid economic pain, and recent uncertainty in the Middle East.
Newstalk ZB senior political correspondent Barry Soper explained further - and outlined how much this could cost down the line.
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