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Fuel crisis: $50 a week boost for some Kiwi families

Otago Daily Times Online News [Unofficial] March 23, 2026
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Prime Minster Christopher Luxon and Finance Minister Nicola Willis at today's announcement. Image: RNZ Fuel prices have skyrocketed in the wake of the US-Israel attack on Iran, reaching $4 a litre in some NZ locations.Government officials warn prices likely to stay high for another 100 days, even if the war ends today.A relief package is expected to be targeted and temporary.The government has to date insisted NZ still has enough fuel, with more on the way.NZ has not committed to helping secure the Strait of Hormuz, despite NATO suggesting it has.The Reserve Bank governor is warning of higher inflation and weaker economic growth. People struggling with fuel costs will be eligible for an extra $50 a week - if they qualify for the in-work tax credit, the government says.

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