
Nicola Willis: Finance Minister on the state of fuel prices and reserves and the GDP rising by 0.2% in the December quarter
The Government is looking into ‘doing something simple’ to get cash into Kiwis' wallets as fuel prices increase, refined oil proving a challenge.
Finance Minister Nicola Willis told Mike Hosking they need to balance the cost of living with the books.
“We need to be conscious of debt and borrowing.
“We need to look at working people in the low to middle income specifically and ask ‘what’s the way we could provide targeted relief’ without a blanket solution.”
Willis said cutting wider costs like fuel excise tax could drive inflation up.
“We…
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