Cut on way for petrol prices?

HAMISH RUTHERFORD
Last updated 12:12 20/05/2014

Relevant offers

Politics

Data suggests Labour out till 2020 Beehive Live: Twitter tussle Moveable feast for leadership South Korean free trade agreement 'close' Leadership goes beyond charisma McCully scolds 'impotent' Security Council over Syria David Cunliffe's wife in Twitter potshots Turia's 'beaten wives' slur rejected by Labour's Davis Election jitters see confidence fall Russian trade deal in limbo

ACC is consulting on changes to levies on motorists which could cut the cost of petrol by 4 cents a litre.

ACC levies costs motorists about 9.9c for every litre of petrol, but is proposing to cut this to 5.9c.

The Automobile Association says that based on driving 12,000 kilometres a year, the cut would save drivers about $47 annually.

The changes, which would also see a fall in the price of vehicle registration, would take place in 2015.

"On average, we're proposing a 40 per cent cut to motor vehicle levies, which are paid when relicensing a vehicle and through the petrol levy paid at the pump," ACC chairwoman Paula Rebstock said in a statement.

Public feedback will be sought on the proposals, with the final decision resting with the Government.

ACC also proposes introducing risk ratings on vehicles, rewarding drivers for buying safer cars.

"Risk rating would mean owners of safer cars pay lower levies, to reflect the fact their vehicle is less likely to cause injury if involved in a crash," Rebstock said.

Ad Feedback

- Stuff

Special offers
Opinion poll

Should David Cunliffe lead Labour again?

Yes

No

Not sure

Vote Result

Related story: Cunliffe, Robertson trade blows

Featured Promotions

Sponsored Content