The Finance Minister's defending the decision to delay fuel tax and road user charges, saying it won't add to the country's debt. 

The excise was due to rise 12-cents a litre in January, but has been pushed back a year and cut to five cents. 

The Government now needs to put an extra $1.4 billion into the Land Transport Fund. 

Nicola Willis told Mike Hosking it's not the right time to raise fuel taxes. 

But she says GDP growth will be double this year's in 2028, while inflation is also forecast to be coming down by then. 

LISTEN ABOVE  

The Finance Minister's defending the decision to delay fuel tax and road user charges, saying it won't add to the country's debt.&nbsp;
The excise was due to rise 12-cents a litre in January, but has been pushed back a year and cut to five cents.&nbsp;
The Government now needs to put an extra $1.4 billion into the Land Transport Fund.&nbsp;
Nicola Willis told Mike Hosking it's not the right time to raise fuel taxes.&nbsp;
But she says GDP growth will be double this year's in 2028, while inflation is also forecast to be coming down by then.&nbsp;
LISTEN ABOVE &nbsp;

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...

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Nicola Willis: Finance Minister defends decision to delay fuel tax increases

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/41848e83-1559-48b0-b412-b4b7014afa13/transcript