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Thread: Council to impose 1c fuel tax on Aucklanders

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    Default Council to impose 1c fuel tax on Aucklanders

    Council to impose 1c fuel tax on Aucklanders
    1:38PM Tuesday August 05, 2008

    The Auckland Regional Council has decided to impose a regional fuel tax on Aucklanders.

    It will submit a formal proposal to the Government for approval before the end of the week.

    Transport committee chairwoman Christine Rose says the ARC hopes to have the tax in place by next July. She says it will be a maximum of 1c a litre next year and can rise to 2c a litre after that.

    - NEWSTALK ZB

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    A bit more about it.

    Motorists hit with new fuel taxes
    5:00AM Wednesday August 06, 2008
    By Mathew Dearnaley

    Auckland motorists face new fuel taxes of up to 10c a litre from 2011, to pay for electric trains and other congestion-busting public transport investments.

    The Auckland Regional Council yesterday resolved unanimously to apply to the Government for its own 5c tax to be introduced in three stages, between next winter and mid-2011.

    It wants the Government to introduce a tax of 1c a litre on June 30, rising to 3c the following winter and to the full 5c of the council's proposal 12 months later.

    But the plan - to underwrite a 30-year loan of $607 million to spread the burden between ratepayers and motorists for new trains and other public transport infrastructure - represents only half of a potential regional tax liability of 10c a litre.

    New transport legislation allows the Government to match the council's scheme by another 5c, for electrifying Auckland's rail tracks and regional projects including new roads.

    More here.
    Mother Bear

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