Transport NZ says soaring diesel prices are putting transport operators out of business.

Average diesel prices have hit over $2.50, compared with the average price of 91 at $2.60 without taking into account road user charges.

Transport NZ chief executive Nick Leggett told Mike Hosking diesel has become a significant business cost for some.

“We have seen the price of diesel as a proportion of total business costs from about 25 percent a year ago, to over two thirds now for some operators.”

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Transport NZ says soaring diesel prices are putting transport operators out of business.
Average diesel prices have hit over $2.50, compared with the average price of 91 at $2.60 without taking into account road user charges.
Transport NZ chief executive Nick Leggett told Mike Hosking diesel has become a significant business cost for some.
“We have seen the price of diesel as a proportion of total business costs from about 25 percent a year ago, to over two thirds now for some operators.”
LISTEN ABOVE

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Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.