The increase in excise is funding road safety improvements to save lives and much needed infrastructure to get our cities and regions moving. The alternative is gridlock in our cities, lost productivity in the regions, and more deaths on our roads.
The Automobile Association estimates the tax increase amounts to an extra $45 per year for the average motorist and raises the excise dedicated to the National Land Transport Fund to 66.5cpl, or about $870 a year, with total tax on petrol (including ACC, the Emissions Trading Scheme levy and GST) amounting to $1.09/litre (or about $1.20/litre in Auckland including the Regional Fuel Tax.
Transport Minister Phil Twyford says every dollar raised through the petrol excise is spent on roads, rail and public transport.
"The increase in excise is funding road safety improvements to save lives and much needed infrastructure to get our cities and regions moving. The alternative is gridlock in our cities, lost productivity in the regions, and more deaths on our roads."
With the regularly ratcheted-up taxation regime, it would appear Sunday driving has been given the elbow. Nevermind, just sit back, elbow on the couch armrest, newspaper on the lap, and watch the car ads on TV instead.
And try not to feel too bad about not helping ease gridlock in our cities, assisting regional productivity and saving lives on our roads.