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Labour’s Fuel Tax U-Turn and Budget Cuts | Auckland News
Labour’s Chris Hipkins is reversing course on a planned fuel tax hike, promising to scrap the 2025 increase and instead slash transport spending to match available funds — a move that could cost $1.8 billion over three years and force cuts to road projects. The party’s pivot echoes their 2022 strategy of borrowing to cover lost revenue, while also planning to fund public transport caps from the same pot — adding another $2 billion in needed savings. Hipkins admits tough choices lie ahead, with no clear roadmap from the current government. National’s Nicola Willis warns the delay will hurt…
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