The Government has confirmed it's cancelling next year's fuel tax hike.

The excise was due to increase 12-cents a litre from the first day of 2027, but will instead go up 5-cents a litre from 2028. 

Transport Minister Chris Bishop says this will give Kiwis more time to recover from post-Covid economic pain, and recent uncertainty in the Middle East.

Newstalk ZB senior political correspondent Barry Soper explained further - and outlined how much this could cost down the line.

LISTEN ABOVE

The Government has confirmed it's cancelling next year's fuel tax hike.
The excise was due to increase 12-cents a litre from the first day of 2027, but will instead go up 5-cents a litre from 2028.&nbsp;
Transport Minister Chris Bishop says this will give Kiwis more time to recover from post-Covid economic pain, and recent uncertainty in the Middle East.
Newstalk ZB senior political correspondent Barry Soper explained further - and outlined how much this could cost down the line.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Barry Soper: Newstalk ZB senior political correspondent on the Government delaying fuel tax hike by one year

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/286947b0-ed7b-46c4-bcb6-b4b7005c2af2/transcript

Residential and retirement property developer Winton Land has been suspended from the NZX after a board exodus.

Three directors have resigned after founder Chris Meehan quit as CEO in July - among them, former Finance Minister Steven Joyce.

Shareholders Association head, Oliver Mander, says losing independent directors meant the business no longer met requirements for being listed on the exchange. 

"It's definitely not a technicality, it's a pretty core principle for a publicly listed company that exists on the exchange - there should be appropriate representation there."

LISTEN ABOVE

Residential and retirement property developer Winton Land has been suspended from the NZX after a board exodus.
Three directors have resigned after founder Chris Meehan quit as CEO in July - among them, former Finance Minister Steven Joyce.
Shareholders Association head, Oliver Mander, says losing independent directors meant the business no longer met requirements for being listed on the exchange.&nbsp;
"It's definitely not a technicality, it's a pretty core principle for a publicly listed company that exists on the exchange - there should be appropriate representation there."
LISTEN ABOVE

Oliver Mander: NZ Shareholders Association spokesperson on Winton Land's shares being suspended after board resignations

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/573e3710-195e-4da9-9446-b4b7006e7272/transcript

The pre-match flyover by two jets ahead of the All Blacks test in Cape Town over the weekend has raised some safety concerns among experts.

The jets swept over DHL Stadium before kick-off, and people observed that the jets flew quite low - prompting divided reactions among rugby fans. 

Former airline pilot and safety consultant Doug Moss said the jets appeared to be 50 feet away from the top of the structure - and quite close to the people in the stands.

"Normally, they require about 300 meters away from people... they flew a lot closer than what's normally allowed."

LISTEN ABOVE

The pre-match flyover by two jets ahead of the All Blacks test in Cape Town over the weekend has raised some safety concerns among experts.
The jets swept over DHL Stadium before kick-off, and people observed that the jets flew quite low - prompting divided reactions among rugby fans.&nbsp;
Former airline pilot and safety consultant Doug Moss said the jets appeared to be 50 feet away from the top of the structure - and quite close to the people in the stands.
"Normally, they require about 300 meters away from people... they flew a lot closer than what's normally allowed."
LISTEN ABOVE

Doug Moss: former airline pilot and safety consultant on the jets that flew too low over the All Blacks v Springboks game

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/b047694d-e6b4-4599-b22e-b4b7006b497a/transcript

ACT remaining firm on demanding New Zealand renegotiate the Paris climate agreement, or quit it.

It wants a better methane deal, and says we should otherwise walk away.

But National leader Chris Luxon says remaining in the pact is a bottom line for his party. 

Leader David Seymour says we're likely to miss the 2030 target, so the issue must come to a head soon.

"You have to negotiate when reality comes calling, and as he himself said this morning - three-quarters of the countries in the Paris Agreement aren't on track to meet their commitments." 

LISTEN ABOVE

ACT remaining firm on demanding New Zealand renegotiate the Paris climate agreement, or quit it.
It wants a better methane deal, and says we should otherwise walk away.
But National leader Chris Luxon says remaining in the pact is a bottom line for his party.&nbsp;
Leader David Seymour says we're likely to miss the 2030 target, so the issue must come to a head soon.
"You have to negotiate when reality comes calling, and as he himself said this morning - three-quarters of the countries in the Paris Agreement aren't on track to meet their commitments."&nbsp;
LISTEN ABOVE

David Seymour: ACT leader stands by claims New Zealand should quit 2030 Paris Agreement

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/81df2f67-e0c6-4b7f-a3df-b4b70063a2c9/transcript

Barry Soper: Newstalk ZB senior political correspondent on the Government delaying fuel tax hike by one year

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