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Cost of Living

Govt updates national fuel plan amid global upheaval

Govt updates national fuel plan amid global upheaval

Finance Minister Nicola Willis outlined "four clear phases" that responded "proportionately" to the risks to New Zealand’s fuel security.

Business

12:02pm

The Commerce and Consumer Affairs minister, National's Scott Simpson, introduced legislation last year to ban in-store card surcharges, so shoppers would not be penalised for their choice of payment.

ACT, Retail NZ claim paywave surcharge ban 'dead', National says not so

Retail NZ said it was pleased the government had listened to retailers in not progressing the bill - but Scott Simpson says Retail NZ was wrong.

Business

Thursday 7:32am

1:30

EVs are back in the spotlight as fuel prices soar.

EVs selling ‘off the boat’ before they even arrive in NZ

Dealers say electric vehicles are being snapped up as Kiwis look for ways to cut fuel costs.

Environment

Thursday 6:00am

2:14

Major bank increases some home loan rates for second time in a week

Major bank increases some home loan rates for second time in a week

The increases come as most major banks raise their rates, with wholesale interest rates trending higher, driving up what it costs them to borrow the money they lend.

Business

Wed, Mar 25

PM says the relief is targeted at the genuinely squeezed middle lower income working New Zealanders. 

Is the fuel support package 'generous' or not enough?

The Government today announced it would give $50 a week to families who qualify for the in-work tax credit.

Politics

Tue, Mar 24

Govt updates national fuel plan amid global upheaval

Govt updates national fuel plan amid global upheaval

Finance Minister Nicola Willis outlined "four clear phases" that responded "proportionately" to the risks to New Zealand’s fuel security.

Business

12:02pm

The Commerce and Consumer Affairs minister, National's Scott Simpson, introduced legislation last year to ban in-store card surcharges, so shoppers would not be penalised for their choice of payment.

ACT, Retail NZ claim paywave surcharge ban 'dead', National says not so

Retail NZ said it was pleased the government had listened to retailers in not progressing the bill - but Scott Simpson says Retail NZ was wrong.

Business

Thursday 7:32am

1:30

EVs are back in the spotlight as fuel prices soar.

EVs selling ‘off the boat’ before they even arrive in NZ

Dealers say electric vehicles are being snapped up as Kiwis look for ways to cut fuel costs.

Environment

Thursday 6:00am

2:14

Major bank increases some home loan rates for second time in a week

Major bank increases some home loan rates for second time in a week

The increases come as most major banks raise their rates, with wholesale interest rates trending higher, driving up what it costs them to borrow the money they lend.

Business

Wed, Mar 25

PM says the relief is targeted at the genuinely squeezed middle lower income working New Zealanders. 

Is the fuel support package 'generous' or not enough?

The Government today announced it would give $50 a week to families who qualify for the in-work tax credit.

Politics

Tue, Mar 24

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Extra $50 a week for 143k working families as fuel prices skyrocket

Extra $50 a week for 143k working families as fuel prices skyrocket

Finance Minister Nicola Willis said from April 7, 143,000 working families with children will get an extra $50 a week through a boost to the in-work tax credit.

Business

Tue, Mar 24

Petrol prices are on the rise (illustration).

'Fails to meet the crisis': Govt fuel relief draws opposition reaction

"The situation demands far more than what was announced today," says Greens co-leader Marama Davidson.

Politics

Tue, Mar 24

Prime Minister Christopher Luxon and Finance Minister Nicola Willis unveiled the cost-of-living relief package earlier this afternoon.

Details of Govt's fuel cost relief released - in-work tax credit boost

The temporary boost to the in-work tax credit will also expand eligibility to about 14,000 additional working families, who will receive the credit at a reduced rate.

Politics

Tue, Mar 24

More major banks announce changes to mortgage rates

More major banks announce changes to mortgage rates

ASB has raised and lowered some of its home loan rates, citing "volatile" wholesale interest rates that continued to trend higher.

Business

Tue, Mar 24

Close-Up of Man Refueling Vehicle at Gas Station Pump. File photo.

Government set to unveil details of fuel support package

Cabinet has signed off on what support the government will offer in the face of rising fuel costs.

Politics

Tue, Mar 24

Andrew Harris from Harris Contracting in Ashburton told Breakfast the pressure was being felt across the industry.

'Pretty dire': Rural contractor on fuel price surge

Andrew Harris from Harris Contracting in Ashburton told Breakfast it was the toughest economic conditions he'd ever faced in the sector.

Business

Mon, Mar 23

Several petrol stations ran out of fuel on Thursday and Friday. Photo: RNZ / Quin Tauetau

Fuel crisis: AA warns against panic buying and stockpiling

Several Gull, Foodstuffs, and Tasman Fuels stations ran out of petrol and diesel on Thursday and Friday, as the crisis deepened in the Middle East.

Business

Sun, Mar 22

Anna says the cost of living drove her move to Australia.

Kiwi ex-pat's plea to NZ politicians after crossing the ditch

From rising grocery bills to global uncertainty, a new TVNZ+ series captures what’s really on New Zealanders’ minds in an election year.

Politics

Sat, Mar 21

It comes as Kiwis face anxiety over fuel security as the war in the Middle East disrupts global supply lines.

NZ prepares for fuel uncertainty as it eyes prolonged Mideast conflict

Prime Minister Christopher Luxon has warned the fuel situation could get worse before it gets better.

Politics

Fri, Mar 20

First home buyers defy 'sluggish' housing market as sales fall again

First home buyers defy 'sluggish' housing market as sales fall again

New data released this morning showed the housing market has recorded back-to-back monthly sales declines for the first time in nearly three years.

Business

Thu, Mar 19

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Auckland Transport says 100,000 more people took trips last week compared to this time last year.

Fuel stocks dip slightly but Govt downplays concerns

As at midnight on Sunday, March 15, combined petrol, diesel and jet fuel stocks equated to about 49 days of cover nationwide.

Politics

Wed, Mar 18

Second bank this week hikes mortgage rates

Second bank this week hikes mortgage rates

The changes followed a "significant" jump in wholesale rates amid global uncertainty.

Business

Wed, Mar 18

Petrol price could hit $4, economists warn

Petrol price could hit $4, economists warn

Westpac chief economist Kelly Eckhold said if the crisis were to continue, the price of oil could hit US$200 a barrel, which would take retail petrol prices past $4.

Politics

Tue, Mar 17

The Finance Minister speaks to reporters from her office about the global oil crisis.

Govt flags potential cost of living relief, no fuel tax cut amid Iran war

Finance Minister Nicola Willis was at pains to highlight that any relief options would be targeted towards lower and middle income New Zealanders.

Politics

Mon, Mar 16

Finance Minister Nicola Willis

Full video: Nicola Willis gives update amid Iran fuel, economic concerns

The Finance Minister is giving an economic response update as the ongoing conflict in Iran continues to push fuel prices up in New Zealand.

Politics

Mon, Mar 16

Escalating conflict in Iran has influenced petrol prices globally.

Petrol costs bite for travelling care workers

A home support worker in Nelson, says it's getting increasingly difficult to do her job.

Business

Sun, Mar 15

Service stations could be forced to turn motorists away.

Fuel crisis: Potential restrictions as supply concern grows

The Government has various options to deploy if the fuel situation in the Middle East continues to worsen.

Politics

Sat, Mar 14

Supermarket Confidential is a new regular 1News series. (Composite image: Vinay Ranchhod)

What does a double-income couple with a baby spend at the supermarket?

Supermarket Confidential is a new series revealing how Kiwis on different incomes shop at the supermarket.

Life

Sat, Mar 14

Price boards were blacked out at multiple Gull petrol stations.

Aucklanders report some Gull petrol stations run dry on discount day

One person said there was "confusion" as people were able to pre-pay, but couldn't get the gas they wanted.

Business

Fri, Mar 13

Speedometer of a car close-up, with the arrow frozen at a speed of 120 km/h. (File image).

Tips for making your fuel go further on the road

Fuel in New Zealand isn't going to get cheaper any time soon - but how you drive can make it easier on your wallet.

New Zealand

Fri, Mar 13

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