Subsidies end and new taxes take hold
Dr Eric Crampton
4 July, 2023
They say a week's a long time in politics.
But perhaps this week is feeling longer than most for some punters as they get their wallets around various new taxes and the end of old subsidies.
The fuel excise tax cut of 25 cents a litre was reintroduced this past weekend and the alcohol tax is also up.
New Zealand Initiative's chief economist Eric Crampton spoke to Corin Dann.