'Under active review': Govt to keep temporary fuel support in place
Follow
the podcast on
Geopolitical uncertainty is forcing the Government to push fuel assistance out a while longer.
Finance Minister Nicola Willis says they'll continually review the package.
Willis says there was a period when petrol prices dipped below $3 a litre, but they're climbing again.
"Treasury are forecasting prices could remain above $3 through August and September, so we've agreed to keep the temporary supports in place for now, because there hasn't been a sustained reduction in price."
LISTEN ABOVE
- 'Tremendous achievement': Govt hails rapid delivery of fuel storage tanks
- How NZ’s fuel stocks are holding up amid global tensions
- Fuel crisis: Govt announces plan to ease vehicle rules following public feedback
- Petrol prices expected to fall as road user charges set to replace fuel tax, officials say
- Govt creates almost $500m stash to address fuel crisis, fuel price forecasts revealed
- Budget 2026: Govt unveils new financial reserve amid ongoing fuel crisis
Take your Radio, Podcasts and Music with you
Get the iHeart App
Get more of the radio, music and podcasts you love with the FREE iHeart app. Scan the QR code to download now.
Download from the app stores
Stream unlimited music, thousands of radio stations and podcasts all in one app. iHeart is easy to use and all FREE
