Source: Radio New Zealand
People struggling with fuel costs will be eligible for an extra $50 a week – if they qualify for the in-work tax credit.
Finance Minister Nicola Willis announced the support package at Parliament on Tuesday afternoon.
It would be available from April 7.
Petrol prices in some locations have reached $4 a litre for premium, while diesel is up more than $1 a litre in the past month, Gaspy data shows.
About 20 percent of the world’s supply usually transits through the Strait of Hormuz, which Iran has cut off in retaliation over the US-Israel attack.
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– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand
