Cost of living: Cuts to fuel tax, road user charges, public transport fares extended to January 2023
The Government is expanding cost of living support by extending reductions to fuel excise duty, road user charges, and public transport by more than five months until the end of January next year.
Announced at a hastily arranged 4pm press conference on Sunday, this is a pre-emptive strike to the inflation numbers tomorrow.
The Finance Minister will know what tomorrows figures are and this announcement is suppression fire.
The half priced public transport has proven to be very popular with the poor who spend almost 30% of their weekly income on public transport costs, welfare payment increases get claw back from MSD where as half priced public transport keeps the money in their pocket.
The problem for the petrol tax subsidy is that the true impact of Russian oil and gas cutbacks won’t be felt till later this year. That pain will make it politically impossible to lift in January without making all public transport free.
America and the UK have hit 40 year high inflation rates as the inflationary dampening powers of globalised supply chains become severed by Covid and an environment that is rapidly warming in a dangerously out of control manner.
We are in dangerously uncharted territory as unique supply side dynamics generate hyper inflationary pressures. An entropy of just in time homogenised trans national oligarchy will leave us dangerously exposed to bottlenecks and skyrocketing inflation as Reserve Banks are forced to rapidly raise interest rates.
This will smash the renter class, beneficiaries and first time millennial home buyers the most.
An entire class and generation are about to be mugged by Rigged Capitalism. Again.
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Congratulations Robo governing for all New Zealanders.
You watch…
The ill informed, poorly read Hosking will tell all his sycophants that this scenario is only happening in New Zealand and that it’s aaaall Cindy’s fault..
With all the zombie like fervor of a religious zealot they will then dutifully spread the word from the oh wise one to all their friends and family who happened to miss one of his awe inspiring lectures…
Yep Grant, seems like Ardern is responsible for Spain’s cost of living…
https://www.nzherald.co.nz/travel/free-train-rides-in-spain-from-september-to-ease-cost-of-living/DYNK4I757RPZVHUAKDXSQ3DWJY/
Indeed. We are very vulnerable right now. If the government hadn’t let our refinery be destroyed by international interests, we could be importing cheaper oil from civilized countries like Venezuela, Iran and Russia rather than getting ripped off.
Good on Labour. It does help.
Picking inflation still on the up however, given this announcement.
Pulling Auckland’s other fuel tax needs to happen now as well. AT shouldn’t be allowed anywhere near it the way they operate and in reality a few less judder bars is all we’ll miss out on!
In bad times weak hands fold. It’s got nothing to do with capitalism, or any other ism. It’s a law of nature
We need money and there is millions of dollars of oil and gas off our coast .If we cannot get it from Russia why not use our own.
Just think Europe and the record heat wave Trevor. Russia will self destruct.
I don’t think it will, the Russians are a hard as nails people and this is nothing to them whereas Europeans have grown soft and will more likely buckle
Like cavemen.
Robbo has failed again. He knows what’s coming tomorrow. At this rate NZ could make a fortune in disaster tourism.
“This will smash the renter class, beneficiaries and first time millennial home buyers the most”.
Almost exclusively Labour voters at the last election.
Boy oh boy – you get what you paid for.
If anybody wants to work out the problems of NZ’s terrible attitude towards workers and our how wages and poor environmental record – another example.
Kiwi toy giant Zuru wins court battle to identify and sue aggrieved ex-workers
https://www.nzherald.co.nz/business/kiwi-toy-giant-zuru-wins-court-battle-to-identify-and-sue-aggrieved-ex-workers/D2JIMYXKBVOCROAUSJTDOSTS6U/
Even in the US, companies don’t sue ex employees for defamation if they write unflattering reviews on Glass door but NZ employers are so entitled, they are sueing the US firm for having a popular website that allows employee voices to help others know about other’s experiences of the company culture behind the scenes.
When employers in NZ seem to personally expect Grant and Jacinda to get their hospo and minimum wage employers for them so they can make more profits and replace mansions with another newer mansion.
Ex-All Black Ali Williams, Zuru Toys’ Anna Mowbray demolish 12-year-old Auckland home for 3-level, 6-bedroom replacement
https://www.nzherald.co.nz/nz/ex-all-black-ali-williams-zuru-toys-anna-mowbray-demolish-12-year-old-auckland-home-for-3-level-6-bedroom-replacement/ANGLKIASBWGA4VTPXKMKUWSU3I/?utm_medium=Social&utm_campaign=nzh_fb&utm_source=Facebook#Echobox=1636246446
One of the reasons NZ’s productivity is so low and less and less professional people want to live here, is that harassment and entitlement from the super rich and exploitation of others, is so rife in NZ.
RIP old style unions, (and Labour and Greens for that matter) when there is this level of entitlement in NZ and growing worse.
Are they going to sue these sites too, for letting people know why 1 million Kiwis don’t work in NZ and then why NZ employers keep replacing their workers with unknowing migrants who (apart from the liquor barons and other exploiter employers) leave too, unless they have no real skills in which case they stay because other countries don’t want a low wage economy, filled with grocers and middle men but to upskill their population to create wealth ….
New Zealand has been voted the second worst country in the world to move to, according to a survey to immigrants in different spots around the world.
https://www.newstalkzb.co.nz/news/national/cost-of-living-crisis-new-zealand-voted-second-worst-country-to-move-to/
New Zealand ranked second-worst place in the world for expats, according to survey
https://www.stuff.co.nz/travel/news/129273557/new-zealand-ranked-secondworst-place-in-the-world-for-expats-according-to-survey
Cost of living crisis: New Zealand voted second worst country to move to
https://www.nzherald.co.nz/lifestyle/cost-of-living-crisis-new-zealand-voted-second-worst-country-to-move-to/A6QHYJL343H4HM7UVA5FLV6AVA/
Apparently people are not allowed an opinion anymore if you can be sued for posting on these types of opinion surveys!
Low wages and a miserly attitude to paying people in NZ is why there is such a cost of living crisis!
Commerce Commission Report – Supermarkets Squeezing Workers To Make Huge Profits
https://www.scoop.co.nz/stories/BU2107/S00492/commerce-commission-report-supermarkets-squeezing-workers-to-make-huge-profits.htm
“Low wages and a miserly attitude to bargaining with their workers are a big part of the reason Foodstuffs profits are so high. When workers initiate bargaining at individual stores, many owners imply that meeting a living wage, for example, would be the end of the world and the end of their businesses,” said Tali Williams, FIRST Union Secretary for Retail, Finance and Commerce.”
Looks like the older (age discrimination) and more experienced (aka more expensive) staff at Air NZ are not getting their jobs back while they moan how they can’t get staff…..
Hmmm problem is that NZ’s dirty little secret is out, and now even the migrants are letting others know about how terrible it is to work in NZ with NZ employers. Instead of more marketing, the government should tell some of the entitled corporates to shut it, put some consumer and employee protections which are completely eroded in NZ. Then people might want to work here again.
Like being ‘stabbed through the heart’: Ex-Air NZ flight attendants on not being welcome back
https://www.nzherald.co.nz/business/like-being-stabbed-through-the-heart-ex-air-nz-flight-attendants-on-not-being-welcome-back/PMRZNNEFBXZ2ZSQHTAQV6CDJH4/
The brain drain and loss of experienced labour is directly caused by appalling business in NZ, exploiting everyone they can. Not just migrant exploitation, they started with Kiwi’s first who left and then they are on the second and third wave of experienced migrants leaving …. NZ is literally filling up with people who can’t do the job, or have criminal records or family members living here while the bread winners leave.
Customers service is dead in NZ. – comments on Air NZ.
“I was on an Air New Zealand long haul flight this past weekend. Mostly new staff. They had no idea what they were doing and the more experienced staff had a hard job. Get some people with experience back as it was a bit of a joke.”
“Sadly they are paying peanuts, compared to what they were paying pre-covid. Expect they will struggle to get new staff on those wages.”
“I worked for Air NZ during the Ansett ownership period. HR has always been portrayed externally as sensitive and nurturing to staff but internally they are totally ruthless.”
“I have avoided AIr NZ for international flights for well over a decade. They are expensive and the service is second rate when compared to Singapore air or Cathy Pacific”
The corporate culture in NZ, is in general terrible when it comes to customer service and helping, training, paying and retaining their staff.
NZ corporate view is ‘Why have customer service when you can save money and get more helipads!’
Briscoes customer waits five hours on hold to cancel order
https://www.odt.co.nz/star-news/star-national/briscoes-customer-waits-five-hours-hold-cancel-order
“An old boatshed in New Zealand’s most expensive suburb can be demolished and a new one built so multimillionaire businessman Rod Duke can use it as a helicopter landing pad to get to his golf course north of Auckland.”
https://www.newstalkzb.co.nz/news/auckland/elaborate-plans-hatched-for-briscoes-millionaires-helipad/
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