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