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NZ: Fuel tax cut extended to end of March, subsidy to be halved - govt

From rnz.co.nz

The petrol tax cut has been extended from its January deadline until the end of March, but the subsidy will halve from the end of February. The delay marks the third time the 25-cents-per-litre discount has been lengthened as the government grapples with high inflation and gloomy economic forecasts. Public transport fees will also remain half-price until 31 March, after which cheaper fares will apply only to people with community service cards. Speaking at Treasury's half-year economic and fiscal update, Finance Minister Grant Robertson said the extension acknowledged many households were still struggling with the ... (full story)

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