28 September 2018
As fuel prices get set to climb again with the Government’s next excise tax increase, AA Smartfuel has seen a 26% jump to $120 million in fuel discounts earned by its cardholders over the past year. AA Smartfuel has also seen a corresponding drop in volume per fill, with the noticeable exception of when cardholders redeem their accumulated AA Smartfuel discounts. From next Monday motorists nationwide will see the next petrol tax hike of 3.5 cents a litre take effect, in what’s set to be the first of three annual excise increases.
31 January 2017
The Automobile Association is calling for fuel companies to explain to motorists why the national price of fuel rose 5 cents per litre during January, despite no increase in commodity prices or a drop in the exchange rate.
2 August 2016
The Automobile Association is warning motorists to be extra vigilant when buying fuel at truckstops, after several catastrophic incidents with people inadvertently filling up with Diesel Exhaust Fluid.
3 November 2015
The price of fuel fell a total of 8 cents a litre during October, reducing petrol prices to their lowest level since April, and diesel to the lowest price since February 2015.
5 October 2015
Fuel prices rose 6 cents per litre during September, after commodity prices rose early in the month.
1 September 2015
Fuel prices continued to fall during August, with the national price of 91 octane petrol dropping below $2.00 a litre for the first time in four months, according to AA PetrolWatch.
3 August 2015
Falling commodity prices led to a 5 cent reduction in petrol prices, and an 8 cent drop in diesel prices during July, according to AA PetrolWatch.
30 June 2015
Petrol tax collected to fund New Zealand’s land transport system is increasing 3 cents per litre on 1 July, the third of three scheduled annual tax increases. However, at the same time ACC is reducing the tax it collects from petrol by 3 cents per litre.
8 June 2015
Fuel prices in many parts of the country rose a total of 2 cents per litre during May, but in other areas the price rise was much higher as the long-running price discount war suddenly came to an end.The price of 91 octane petrol at most outlets began the month on $2.03 per litre – the first time it had been over $2 since early December – and rose to $2.10 per litre before falling to end the month on $2.05 per litre. Diesel prices in many of the main centres initially rose 7 cents to $1.36 per litre, before dropping to $1.31 per litre.But in parts of Auckland, Whangarei, Waikato, Bay of Plenty, Hastings, Manawatu, Whanganui, Levin and Masterton – where there had previously been heavy price discounting – prices at many service stations suddenly rose from below $1.90 a litre to over $2 per litre.“Many lucky motorists had not seen petrol prices over $2 a litre for over a year thanks to intense local price competition which was sometimes more than 30 cents below the price being charged in much of the South Island and lower North Island,” says AA PetrolWatch spokesperson Mark Stockdale.“The price war came to...
1 May 2015
Rising commodity prices mean the price of 91 octane petrol has risen over $2 per litre for the first time since early December, says AA PetrolWatch.