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| Thread ID: 128398 | 2012-12-18 02:44:00 | Need a caption for this photo... | ruup (1827) | PC World Chat |
| Post ID | Timestamp | Content | User | ||
| 1318864 | 2012-12-19 04:34:00 | $3.60/40L not $1.20 per-year... it's 3c per-year, so $1.20 more this year, then an additional $1.20 the year after, and another $1.20 the year after. I remember prices plummeting a few years back. I think it was down around 70c per-litre or something? |
Chilling_Silence (9) | ||
| 1318865 | 2012-12-19 07:03:00 | I remember prices plummeting a few years back. I think it was down around 70c per-litre or something? Not in the eleven years I have been here |
gary67 (56) | ||
| 1318866 | 2012-12-19 07:04:00 | ... around 70c per-litre or something? 70c/l ? That sounds like when I was first arrived in NZ 20+ yrs ago! :D |
bk T (215) | ||
| 1318867 | 2012-12-19 07:13:00 | per-year... it's 3c per-year, so $1.20 more this year, then an additional $1.20 the year after, and another $1.20 the year after. I remember prices plummeting a few years back. I think it was down around 70c per-litre or something?right chill, when I was a petroleum transfer technician back in 1991, 91 was from memory 79.9, it hasn't been that price in at least your adult life. How many 3 cent increases will you tolerate, don't forget to add gst to that 3 cents. Then the bottom of our dollar falling out. Just wait till you have kids and all that disposable income of yours has gone. |
plod (107) | ||
| 1318868 | 2012-12-19 08:17:00 | Just to put this in context for those whinging about the tax increase, assuming petrol costs $2.089/L: The tax component of petrol is currently 44.3%, or $0.92 ($0.61/L fixed costs plus 15% GST). An increase of $0.03/L is an additional 1.4% of the total cost ($0.03 / $2.089)... An increase of $0.03/L is an additional 3.2% of the tax component ($0.03 / $0.92). NZ's average inflation for the last five years (i.e. during the recession) has been 2.73%. An increase of $0.03/L is less than 0.5% more than inflation. 0.5% of a 40L tank is $0.42 (0.2L * $2.089). Assuming 40L per week, that's $20.42 of 'real' increase per year. The corresponding increase in general freight cost is, per taxpayer, negligibly small, and dwarfed by normal market activity. What all this means is that you're all whinging about what, for a typical petrol user, is the annual equivalent of a single box of cheap beer (dozen tui cans). While complaining about box of cheap beer may be satisfying, there's a lot more of your money going down the gurgler in other areas - so shouldn't those areas be correspondingly more worthy of your attention? |
Erayd (23) | ||
| 1318869 | 2012-12-19 08:20:00 | Unfortunately with the rise of fuel costs (as insignificant as it seems) comes a rise in transportation costs and therefore pretty much everything, so the pain is not only at the pump. | pcuser42 (130) | ||
| 1318870 | 2012-12-19 08:25:00 | Unfortunately with the rise of fuel costs (as insignificant as it seems) comes a rise in transportation costs and therefore pretty much everything, so the pain is not only at the pump.Yep, but a 3c/L annual rise is negligible in the context of normal market activity - unless you buy a hell of a lot of shipped goods (and by that I mean orders of magnitude more than your typical individual), you won't notice the change. | Erayd (23) | ||
| 1318871 | 2012-12-19 08:37:00 | My gripe is that the excuse for the increase was to fund roading projects, fair enough. Now we are being told it is so the government will make surplus in 2015, by 66million. I thought that was the reason behind the sale of the SOE. Is it really worth it just so the government can say they made sulus when who knows what will happen the following year. Interestingly is that the tax take on petrol has dropped over the last couple of years as the public have been wiser where we drive and also what we drive. Buying more fuel efficient cars. | plod (107) | ||
| 1318872 | 2012-12-19 08:39:00 | Yep, but a 3c/L annual rise is negligible in the context of normal market activity - unless you buy a hell of a lot of shipped goods (and by that I mean orders of magnitude more than your typical individual), you won't notice the change.supermarkets buy a lot of shipped goods, soon the whole store will be loss leading | plod (107) | ||
| 1318873 | 2012-12-19 08:41:00 | My gripe is that the excuse for the increase was to fund roading projects, fair enough. Now we are being told it is so the government will make surplus in 2015, by 66million.The former is the reason (and that's where all the extra income is being directed), the latter is a happy side-effect. The same side-effect could just as easily be achieved through other means, and by the same token can also be attributed to any cost-cutting measure you care to point a finger at. The petrol tax change is just the latest to hit the spotlight - in a couple of weeks it'll be something else. supermarkets buy a lot of shipped goods, soon the whole store will be loss leadingThey do, but they also sell a lot of shipped goods. If you look at the actual cents-per-grocery-cartload, you won't notice the change. While the actual dollar figure involved may be large for something like a supermarket chain, the percentage is still extremely small, and it's the percentage that counts here. Claiming that a change this small will cause the stores to run at a loss unless they noticeably hike their prices is ludicrous - the proportionate cost of the tax increase is negligible. |
Erayd (23) | ||
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