A Wellington couple nearing retirement enjoy good food but feel the burden of other increased costs.
Life
6:00am
The war in Iran has forced fuel prices to skyrocket, so if the war ended today, how long would it take them to come down?
New Zealand
Friday 6:00am
From today, fuel subsidies for support workers travelling between clients would increase from 63.5 cents to 82.5 cents per kilometre.
Health
Thu, Apr 2
1:32
The living wage was set by Living Wage Aotearoa NZ, a coalition of unions and other groups.
Wed, Apr 1
Transport Minister also hinted at scrapping the increases last week.
Politics
Mon, Mar 30
The cherry orchadist estimates 8.5 million machines – cars, trucks and industrial tools – could be electrified now, with today’s technology.
Sun, Mar 29
Finance Minister Nicola Willis outlined "four clear phases" that responded "proportionately" to the risks to New Zealand’s fuel security.
Business
Fri, Mar 27
Retail NZ said it was pleased the government had listened to retailers in not progressing the bill - but Scott Simpson says Retail NZ was wrong.
Thu, Mar 26
Dealers say electric vehicles are being snapped up as Kiwis look for ways to cut fuel costs.
Environment
The increases come as most major banks raise their rates, with wholesale interest rates trending higher, driving up what it costs them to borrow the money they lend.
Wed, Mar 25
The Government today announced it would give $50 a week to families who qualify for the in-work tax credit.
Tue, Mar 24
Finance Minister Nicola Willis said from April 7, 143,000 working families with children will get an extra $50 a week through a boost to the in-work tax credit.
"The situation demands far more than what was announced today," says Greens co-leader Marama Davidson.
The temporary boost to the in-work tax credit will also expand eligibility to about 14,000 additional working families, who will receive the credit at a reduced rate.
ASB has raised and lowered some of its home loan rates, citing "volatile" wholesale interest rates that continued to trend higher.
Cabinet has signed off on what support the government will offer in the face of rising fuel costs.
Andrew Harris from Harris Contracting in Ashburton told Breakfast it was the toughest economic conditions he'd ever faced in the sector.
Mon, Mar 23
Several Gull, Foodstuffs, and Tasman Fuels stations ran out of petrol and diesel on Thursday and Friday, as the crisis deepened in the Middle East.
Sun, Mar 22
From rising grocery bills to global uncertainty, a new TVNZ+ series captures what’s really on New Zealanders’ minds in an election year.
Sat, Mar 21
Prime Minister Christopher Luxon has warned the fuel situation could get worse before it gets better.
Fri, Mar 20
New data released this morning showed the housing market has recorded back-to-back monthly sales declines for the first time in nearly three years.
Thu, Mar 19
As at midnight on Sunday, March 15, combined petrol, diesel and jet fuel stocks equated to about 49 days of cover nationwide.
Wed, Mar 18
The changes followed a "significant" jump in wholesale rates amid global uncertainty.
Westpac chief economist Kelly Eckhold said if the crisis were to continue, the price of oil could hit US$200 a barrel, which would take retail petrol prices past $4.
Tue, Mar 17
Finance Minister Nicola Willis was at pains to highlight that any relief options would be targeted towards lower and middle income New Zealanders.
Mon, Mar 16
