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9 Apr 2020 6:47
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  •   Home > News > Business

    Premium petrol's expected to be easier on the wallet for motorists later this year

    Premium petrol's expected to be easier on the wallet for motorists later this year


    The Government's acting on Commerce Commission recommendations to make petrol prices more reasonable.

    Laws will be passed later this year to promote more wholesale competition, and change rules on petrol price displays.

    AA Principal Advisor Mark Stockdale says displaying premium prices is likely to trigger cuts.

    He says he predicts the premium price drop will happen sooner rather than later.

    © 2020 Newstalk ZB, NZCity


     Other Business News
     08 Apr: Wellington cheese and Ice cream brand Zany Zeus may have changed ownership, but consumers can still look forward to their favourite treats
     08 Apr: A Christchurch bread company is losing millions ... because it is not an essential service
     08 Apr: An overall lift in prices at the latest global dairy trade auction
     07 Apr: Businesses are expecting weaker profitability and fewer hiring options in the next business quarter
     07 Apr: Wellington City Councillors will consider reducing a proposed rates hike when it looks at a pandemic response budget this week
     07 Apr: Businesses aren't alone in bracing for the financial impact of Covid-19
     07 Apr: A quarter of Airways employees will be made redundant due to the impacts of Covid-19
     Top Stories

    RUGBY RUGBY
    A word of caution from Chiefs coach Warren Gatland amongst rugby's global brainstorming session More...


    BUSINESS BUSINESS
    Wellington cheese and Ice cream brand Zany Zeus may have changed ownership, but consumers can still look forward to their favourite treats More...



     Today's News

    Entertainment:
    John Taylor feels "blessed" to be recovering from coronavirus 6:44

    Cricket:
    He wasn't selected for the majority of the World Cup and was dropped for the Sydney test against Australia, but Tim Southee's mana within the New Zealand cricket team has seen his peers award him the Players' Cap for performances over the past year 6:27

    Entertainment:
    Pink has "cried and prayed" like never before whilst she and her son Jameson have been battling coronavirus symptoms 6:14

    Rugby:
    A word of caution from Chiefs coach Warren Gatland amongst rugby's global brainstorming session 21:57

    Entertainment:
    Kiefer Sutherland's actress mother Shirley Douglas has died at the age of 86 21:44

    Law and Order:
    Canterbury Police are on the hunt for two teenagers after one of them told a police officer he was infected with Covid-19 and spat in his face 21:17

    Entertainment:
    Petra Ecclestone gave birth to a baby girl "weeks ago" 21:14

    Entertainment:
    Ciara wanted to be a hairdresser 20:44

    Entertainment:
    Rita Wilson has made her first appearance since being struck down with coronavirus 20:14

    Entertainment:
    Queen Elizabeth promised "better days would return" in a rare televised address to the British public and the wider Commonwealth amidst the coronavirus pandemic 19:44


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