The Commerce Commission says the delay in companies dropping the cost of petrol when company costs fall is costing Kiwi motorists $15 million a year.

It's warning fuel companies it'll be watching prices when Auckland's regional fuel tax kicks in next month.

AA principal policy advisor Terry Collins says petrol companies will be acting quickly come July to avoid further criticism.

"I've been talking to contacts within the industry, and they're very keen to ensure that the Auckland motorists get their full 11.5 cents - one of the large majors has got a big team who are trying to get it done by midnight."

LISTEN ABOVE

The Commerce Commission says the delay in companies dropping the cost of petrol when company costs fall is costing Kiwi motorists $15 million a year.
It's warning fuel companies it'll be watching prices when Auckland's regional fuel tax kicks in next month.
AA principal policy advisor Terry Collins says petrol companies will be acting quickly come July to avoid further criticism.
"I've been talking to contacts within the industry, and they're very keen to ensure that the Auckland motorists get their full 11.5 cents - one of the large majors has got a big team who are trying to get it done by midnight."
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

Terry Collins: AA principal policy advisor on the Commerce Commission issuing warning to fuel companies over prices

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/89699d95-b7a2-447b-8e0e-b18c006953f6/transcript