Latest / Auckland News Today | 2 Min News | The Daily News Now!
Treasury’s Fuel Crisis Advice Exposed | Auckland News
The Treasury urged caution on fuel relief, advising against immediate action on tax credits or excise cuts, citing flexibility and targeting concerns. They warned that slashing fuel duties could miss consumers and hurt conservation efforts, a view echoed by the Prime Minister. In a worst-case diesel shortage scenario, prices could hit $8 a litre—far worse than COVID restrictions. The Treasury also backed securing extra diesel via Z Energy but stressed any deal must exceed existing obligations, with potential costs ranging from $45 million to $167 million. Listen in comfort:Get a discount on a…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.