The big govern­ment fuel rort scan­dal

Motor Equipment News - - CONTENTS -

So petrol has topped the $3 a litre mark, but still the three rul­ing fac­tions in govern­ment are fight­ing it out to see how much more they can take out of the lolly shop they seem to think the mo­torist rep­re­sents.

Al­ready the govern­ment takes 59.524c from ev­ery litre for the Na­tional Land Trans­port Fund. Then an­other 6c/litre goes into the ACC Mo­tor Ve­hi­cle Ac­count, and an­other 0.66c to the Lo­cal Author­i­ties Fuel tax, plus an­other 0.3c/litre for the Petroleum or En­gine Fu­els Mon­i­tor­ing Levy (fig­ures AA of NZ).

On top of all this tax there’s GST of 15 per­cent. So that’s tax on tax as far as the ex­cise duty is con­cerned, or al­to­gether an­other 45c/litre GST on $3/litre petrol.

You’d think more than a third of the cost of a litre of petrol would be enough for this govern­ment, but no!

First up, Phil Goff in Auck­land, in­stead of cutting costs as he was ad­vised, has per­suaded his for­mer cau­cus mates to clap 11.5c/litre on petrol bought in Auck­land City – which stretches from the Bom­bay Hills south of Auck­land to be­yond Wark­worth – to fund what I sus­pect will turn out to be mostly new rail links to South and West Auck­land.

Then the PM wants to put an­other 9c/litre to build bet­ter roads in ru­ral ar­eas, on top of the nearly 60c/ litre al­ready be­ing taken for road­ing.

So, for Auck­lan­ders that’s more than $1.31c/litre for ev­ery $3/litre that goes in your tank ($1.20 for the rest of us).

But the lolly grab­bers haven’t fin­ished yet. Now Cli­mate Min­is­ter, Greens co-leader James Shaw, wants to tax ev­ery non-elec­tric ve­hi­cle com­ing into New Zealand so he can give it to those who can af­ford to buy an elec­tric car, which he ad­mits are too pricey for most of us.

Mean­while the govern­ment says it’s go­ing to in­ves­ti­gate to see if there’s price fix­ing by the petrol com­pa­nies. Ac­cord­ing to Z En­ergy, af­ter dis­tri­bu­tion costs, etc, only 4-5c/litre profit goes to them. So where’s the rort? Maybe look no fur­ther than the govern­ment.

Newspapers in English

Newspapers from New Zealand

© PressReader. All rights reserved.