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Home / New Zealand / Politics

Petrol subsidy and half-price public transport to continue, Prime Minister Chris Hipkins to reveal

NZ Herald
31 Jan, 2023 08:34 PMQuick Read

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Rain drenches Akl again, your rights as a flood victim & $15m covid inquiry | Focus Morning Bulletin: 1 February, 2023
Another night of heavy rain, your rights are if you’ve been affected by flooding and could the voting age lower to 16 in the latest New Zealand Herald headlines. Video / NZ Herald ...
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      Another night of heavy rain, your rights are if you’ve been affected by flooding and could the voting age lower to 16 in the latest New Zealand Herald headlines. Video / NZ Herald
      NOW PLAYING • Rain drenches Akl again, your rights as a flood victim & $15m covid inquiry | Focus Morning Bulletin: 1 February, 2023
      Another night of heavy rain, your rights are if you’ve been affected by flooding and could the voting age lower to 16 in the latest New Zealand Herald headlines. Video / NZ Herald ...

      The Government is poised to again extend the 25-cent-a-litre fuel subsidy.

      NZME also understands the half-price public transport scheme is also due to be pushed out.

      Today will be the fourth time both schemes have been extended since the policy was launched in March last year.

      Last year, the Government cut 25 cents a litre from fuel taxes, an equivalent amount from road user charges, and halved the cost of public transport tickets in response to a spike in the cost of fuel following Russia’s invasion of Ukraine.

      The subsidies were supposed to just be for three months - April to June - but in Budget 2022 they were rolled over to July.

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      • Chris Hipkins v Christopher Luxon: Which Chris won ...
      • Heather du Plessis-Allan: Now is Chris Hipkins’ chance ...
      • Cabinet reshuffle: Prime Minister Chris Hipkins unveils ...
      • Chris Hipkins’ Cabinet reshuffle: Who are the winners ...

      The announcement will be made at just after 11am today, in Auckland.

      It’s understood the move is designed to target cost of living pressures - pressures Chris Hipkins says are his core focus as Prime Minister.

      MORE SOON

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