New petrol taxes are likely to be approved within the next two weeks according to Finance Minister Michael Cullen. The new petrol taxes are specifically budget to pay for the electrification of Auckland’s rail network. Any surplus that might present itself will be budgeted for further road construction projects. The proposed taxing scale will see an extra 1c added to each liter of petrol on the 30th of June, 2009. A subsequent rise to 3c is scheduled to occur in the winter of ... Read More

Auckland Regional Council has recently proposed new regulations which would see motorists having to pay a regional fuel tax. Commencing in the July of 2009, a 1 cent tax would be charged on every litre of petrol sold. This figure is set to increase to a further 5 cents within the following three years. The new scheme could raise a possible $600 million annually, to be used towards improvement of the public transport system. The new scheme is yet to be approved by ... Read More