Petrol prices are climbing again and Kiwi wallets are feeling it. In this episode, we sit down with Finance Minister Nicola Willis as global instability starts pushing fuel costs higher and the pressure builds on the government to respond.
We dig into the so-called “rockets and feathers” effect where fuel prices shoot up fast but drift down slowly, leaving motorists wondering who’s really benefiting. Duncan puts the question directly to Willis. At what point does the government step in, and what could that relief actually look like?
The conversation ranges from fuel supply and the risk of global disruption through to borrowing, government spending, and the political pressure building ahead of the next election. It’s a straight talk about the balancing act between helping struggling households and keeping the country’s books under control.
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