leithcm 0 Report post Posted June 12, 2011 We have all been listening to the financial news this week, and noted the "record" high's of the NZ$ against the US$. The price of imported goods will drop as a result! When is the price of petrol going to come down?? We see the oil companies raising prices SO FAST when the NZ$ drops, but how SLOW!!!!!!!! are they to reduce??? Sucker motorists again!! Not a word from the government as lower prices means lower excise taxes and GST!! Quote Share this post Link to post Share on other sites
Lucan 196 Report post Posted June 12, 2011 Theres a couple places around that've dropped the price below $2.00 now..But I know what you mean. Quote Share this post Link to post Share on other sites
Wom 0 Report post Posted June 12, 2011 but how else would the government make enough tax to build yet another motorway / tunnel / bridge for Auckland? Quote Share this post Link to post Share on other sites
Cale 36 Report post Posted June 12, 2011 Sticky prices on inelastic goods defying gravity once again. It's just oligopolistic pricing to gouge consumers. Although I recently read an article that said that markets are inefficient when prices are dropping because consumers don't search for lower prices. Whereas when prices are rising, consumers do in fact search out lower prices. So yes, perhaps sucker motorists. Quote Share this post Link to post Share on other sites
CamB 48 Report post Posted June 12, 2011 Some of it is the US$ getting weaker - oil price in US$ has gone up a little. Quote Share this post Link to post Share on other sites
E30 325i Rag-Top 2956 Report post Posted June 12, 2011 OPEC has announced it is not going to increase it's output for the next quarter - keep supply relatively tight and prices high. With only one small region of the planet producing any worthwhile volumes of oil it is very easy to manipulate the market, and as the poor suckers at the end of the line we will have to keep paying! Quote Share this post Link to post Share on other sites
my_e36 43 Report post Posted June 12, 2011 Where's AA gone when we expect them to do something? They are usually the one wave their arms jumping up and down in times like this. Quote Share this post Link to post Share on other sites
deeveus 81 Report post Posted June 15, 2011 but how else would the government make enough tax to build yet another motorway / tunnel / bridge for Auckland? 10 f**king 4 on that one. Quote Share this post Link to post Share on other sites
5amchris 45 Report post Posted June 15, 2011 Haha funny that it didnt go down when the NZD was high but now that it has crashed just a little its going back up lollies http://www.stuff.co.nz/business/money/5144...in-Christchurch Quote Share this post Link to post Share on other sites
westy 614 Report post Posted June 15, 2011 but how else would the government make enough tax to build yet another motorway / tunnel / bridge for Auckland? Have a look down south there. You didn't think the South Island could pay for all those alpine passes/tunnels/viaducts ect on their own did you? Quote Share this post Link to post Share on other sites
pureboiracer 0 Report post Posted June 15, 2011 but how else would the government make enough tax to build yet another motorway / tunnel / bridge for Auckland? aka, the earthquake fund... Quote Share this post Link to post Share on other sites