\"On every litre of petrol, about a $1.40 is tax, that means in Auckland it's 52 percent. It's a little bit higher in Auckland because of the regional fuel tax.<\/p>\n
\"Nationwide on a litre of petrol, about 48 percent is Government taxes and levies,\" says Louis Houlbrooke of the New Zealand Taxpayers' Union.<\/p>\n
Word of their deal got out fast.<\/p>\n
\"I've just paid $111 in petrol, and I got a $59 payback for tax,\" one person says.<\/p>\n
\"I thought hey, better come down, save myself $40, buy a box of beers for the weekend,\" another says.<\/p>\n
The deal only lasted for half an hour at the Takapuna Gull station as a pointed exercise by the union.<\/p>\n
Fuel costs are currently undoubtedly high. Based on the Ministry of Business, Innovation and Employment's reported prices, depending on the car, this time last year $100 of 91 could get you from Wellington to Warkworth.<\/p>\n
But with current petrol prices, $100 would only get you to Hamilton.<\/p>\n
\"With shipping and other costs, it equated to a barrel of oil landing in New Zealand last week costing $111, that's the highest it's been in a year and it's still predicted to go upwards,\" says Terry Collins, AA principal advisor.<\/p>\n
\"I would say it's going to go up or at least staying where it is for another six months.\"<\/p>\n
Energy Minister Megan Woods says climbing prices are largely due to the price of global crude oil being at record highs, geopolitical causes, and pandemic interruptions - factors outside the Government's influence.<\/p>\n
She says for the Government's part, it's made a commitment not to raise fuel taxes this term.<\/p>\n
But driving off from the pump with cash in hand, like about 50 Aucklanders did on Thursday, probably won't be a reality - for now.<\/p>\n
<\/p>\n
See the rest here:<\/p>\n
New Zealand Taxpayers' Union gives about 50 Aucklanders their petrol tax back in pointed exercise directed at Government - Newshub<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" \"On every litre of petrol, about a $1.40 is tax, that means in Auckland it's 52 percent. It's a little bit higher in Auckland because of the regional fuel tax. Continue reading