Things rarely get cheaper these days, so this is good news for everyone:
Motorists will be $135 on average better off from next July after confirmation of cuts to ACC vehicle levies.
Vehicle levies will be based on safety ratings from next year, meaning those who drive safer cars will pay less, while employers will also receive a slight cut.
ACC Minister Judith Collins said today that the average vehicle levy would fall from about $330 to $195 a year from next July.
This included reductions to the licence fee and a drop of 3 cents a litre off the petrol levy, she said.
Dropping the cost on transport levies is actually very significant. ¬†Although it is a small amount per litre, it adds up across all drivers and kilometers travelled. ¬†It takes the pressure off increasing transport costs which will positively effect everything – including groceries. ¬† Read more »