14 Mar 2022

AA welcomes cut to fuel taxes

From Checkpoint, 5:36 pm on 14 March 2022

The government is knocking 25 cents off per litre off fuel excise tax for three months - with the change coming into effect tonight.

They will also cut a further 25 cents a litre from road user charges for a three month period.

It'll also slashing public transport fares in half - again for three months.

On Monday a litre of 91 at Auckland petrol stations prices ranged $2.93 to $3.37.

Approximately 45 percent of price of petrol is tax. And the pain at the pump is expected to increase with an uncertain world market and heavy sanctions on Russian oil.

AA's principal policy advisor Terry Collins talks to Lisa Owen.