Labour will freeze fuel excise tax for three years, saving an average family $520 a year by 2030.
- Fuel excise tax frozen for three years
- Saves an average family $520 a year by 2030
- Stops a planned increase: the current Government intends to increase fuel taxes by 22 cents a litre over the next term, starting soon after the next election
- Helps beyond the pump: higher fuel costs flow through to farmers, truck drivers, tradies, businesses and the price of goods
What Labour will do
Labour will freeze fuel excise tax for three years, saving an average family $520 a year by 2030.
When families are already paying more at the pump, the last thing they need is Christopher Luxon and National reaching into their pockets for more.
The current Government intends to increase fuel taxes by 22 cents a litre over the next term, starting soon after the next election.
Why fuel is not a luxury
Fuel is not a luxury. People need it to get to work, get their kids to school, run their businesses and get around their communities.
Higher fuel costs also flow through the entire economy. They mean higher costs for farmers, truck drivers, tradies and businesses, and ultimately higher prices for the goods New Zealanders buy.
Labour will not make that worse with another fuel tax increase that New Zealanders can't afford.
What is Labour's fuel tax freeze?
Labour will freeze fuel excise tax for three years, saving an average family $520 a year by 2030.
How much will the fuel tax freeze save a family?
Freezing fuel excise tax for three years will save an average family $520 a year by 2030.
What fuel tax increase is the Government planning?
The current Government intends to increase fuel taxes by 22 cents a litre over the next term, starting soon after the next election. Labour will not make things worse with another fuel tax increase that New Zealanders can't afford.
Why is Labour freezing fuel tax?
Fuel is not a luxury. People need it to get to work, get their kids to school, run their businesses and get around their communities. When families are already paying more at the pump, the last thing they need is Christopher Luxon and National reaching into their pockets for more.
How do higher fuel costs affect the wider economy?
Higher fuel costs flow through the entire economy. They mean higher costs for farmers, truck drivers, tradies and businesses, and ultimately higher prices for the goods New Zealanders buy.
How does the fuel tax freeze relate to Labour's other policies for drivers?
The fuel tax freeze is part of Labour's wider cost of living plan. Labour's A Fair Go For Drivers policy covers other costs of running a car, including weekly fuel price reporting, a right to repair law for cars and fairer car finance rules.
A fair price for the essentials. Money back in your pocket. Lower household bills.
Better starts now.
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