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27 Jul 2024 11:50
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  •   Home > News > Business

    The Transport Minister's backing his future fuel tax increase

    The Transport Minister's backing his future fuel tax increase


    The Government's 21-billion-dollar draft transport plan features 15 Roads of National Significance and a half billion dollar pothole prevention fund.

    A 50-dollar increase in vehicle registration fees over the next two years will help pay for it.

    Fuel taxes will increase by 22 cents a litre, over the next term of Parliament.

    Simeon Brown says the first hike will come in 2027.

    He says by that stage there won't have been an increase in fuel excise for six years, and the reality is funding's needed to pay for the infrastructure we need.

    © 2024 Newstalk ZB, NZCity

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