What you need to know about fuel tax, public transport cuts

March 15, 2022

The Government’s also halving the cost of public transport in response to surging petrol prices. (Source: 1News)

The Government today outlined a suite of measures to ease the cost of petrol on Kiwi households in the wake of surging prices.

Here is what was revealed:

  • The fuel excise duty will be cut by 25 cents for three months, coming into force at 11.59pm Monday, March 14.

  • Government will require petrol retailers to pass on information showing the savings are being passed onto customers.
  • The Government will top up lost revenue to the land transport fund to ensure all currently funded transport projects won't be affected.
  • The cuts are expected to cost $350 million.

  • Road user charges will be cut by 25 cents for three months.

  • Will come into force when the changes can be calculated over the 80 different vehicle types and 100 weights.

  • Public transport fares to be halved, likely to come into force on April 1.
  • To last for three months.

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