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291 posts

Ultimate Geek
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  Reply # 2106006 11-Oct-2018 02:01
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quickymart:

Here's a question that may be dumb (and apologies if so) - is there any correlation between house prices and petrol prices? They both seem to be rising pretty steadily.



I was under the impression that house prices had plateaued currently?

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Master Geek
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  Reply # 2106036 11-Oct-2018 08:34
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quickymart:

Here's a question that may be dumb (and apologies if so) - is there any correlation between house prices and petrol prices? They both seem to be rising pretty steadily.

 

 

I think in general things are going up. See phone prices and graphics cards (RTX series)

 

 

/grumble

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  Reply # 2106329 11-Oct-2018 15:37
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Interesting article in today’s Herald framing this debate in terms of percentage of average income spent on fuel.

NZ comes out amongst the worst off in that measure.





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  Reply # 2106344 11-Oct-2018 15:56
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Geektastic: Interesting article in today’s Herald framing this debate in terms of percentage of average income spent on fuel.

NZ comes out amongst the worst off in that measure.

 

Yeah, but as an comparison its an incomplete number,

 

In some countries ( like NZ) road taxes are all rolled into the fuel cost, but in others parts of the road tax are included in annual registration costs or other taxes payable each year on a car.....

 

Simply looking at the fuel price is not an "apples to apples" comparison...


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Master Geek
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  Reply # 2106414 11-Oct-2018 17:23
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Geektastic:
SaltyNZ:

 

surfisup1000:

 

 

 

Interesting that when petrol prices are going so high and forecasted to go even higher, and the government is making decade high surpluses, the government feels it is necessary to whack on new petrol taxes. 

 

 

 

You know who to vote next election!

 

 

 

 

 

 

 

 

 

 

It's not that interesting: the fuel taxes are ring-fenced for transport. General surpluses have nothing to do with it. What is interesting is that an hour after the latest IPCC report was released, Jacinda Ardern was telling a press conference that fuel prices were too high, despite climate change being the nuclear free of our generation. Take a look at those photos of the Franz Josef glacier:

 

 

 

 

 

 

 

The oldest known photograph of the glacier, 1867:

 

 

 

 

 

 

 

 

 

 

What it looks like today:

 

 

 

 

 

 

 

 

 

 

I've never been there. Seems like there's not a lot left to see.

 



However, the tiny number of NZ motorists probably did not cause that....

 

If you use that logic, then I could argue that my income tax hardly contributes to the running of the country. Just 0.000013%. All the roads and hospitals and other public services we get ? I probably did not cause that. 

 

May as well stop paying tax? And if I stop, then you may as well too. Infact why doesn't all of GZ stop paying tax, I mean, we're not making a difference right? 

 

Soon we'd end up with not much of a country left. 


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Ultimate Geek
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  Reply # 2107061 13-Oct-2018 01:23
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Coil:

 

The ripple effect is coming, look at the price of food and other goods now..
Fortunately I won't be overly affected but a large portion of the countries lower income families will be smashed. I suppose the reds will just dish out another tax to try and give them 50% back of what they are losing from the new tax and so on.

 

...

 

Expect more of your groceries and other services to increase as well.

 

I've been hearing a lot about higher food prices lately. My little anecdote. Clearing up old paperwork this week I noticed that our 2011 grocery items were pretty much the same in non-adjusted dollar figures as they are now. The inflation calculator puts the increase in the food category at about 5% over that time which matches the "pretty much the same" observation. We're firmly in the lower income category and I'm still amazed at how cheap food is for the logistics that go into getting it to you (and staples certainly don't make a huge dent, e.g. brown rice <$2.50/kg, legumes <$5/kg).

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Ultimate Geek
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  Reply # 2107062 13-Oct-2018 01:33
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sbiddle:

 

People complained 10 years ago that the price of petrol was the same everywhere in the country and perceived there was no competition as a result. Now we have true retail competition and people are unhappy with the outcome.

 

I used to work at a garage 20 years ago and prices weren't the same everywhere back then, zone pricing had gone out before I got there. The price my boss paid from the tanker was more than the price at the pumps in the town 40km up the road, each station further down the line paid more.

Glurp
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  Reply # 2107158 13-Oct-2018 09:24
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Anyone who thinks petrol is expensive here ought to try living in Holland for awhile.

 

 





I reject your reality and substitute my own. - Adam Savage
 


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Ultimate Geek
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  Reply # 2107216 13-Oct-2018 11:49
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Rikkitic:

 

Anyone who thinks petrol is expensive here ought to try living in Holland for awhile.

 

 

A country with functioning transport networks and regular cross-border trade that doesn't involve a 2,000km trip? 

 

This is just the "If anyone thinks we have real poverty in NZ should go visit Syria" argument but backwards.  


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  Reply # 2107237 13-Oct-2018 12:54
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I guess if I was being barrel-bombed in Syria I wouldn't worry too much about the cost of petrol in Holland. People here are always comparing us to Australia. The logic is the same. This is just a different comparison and it makes exactly the same amount of sense.

 

 





I reject your reality and substitute my own. - Adam Savage
 


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Ultimate Geek
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  Reply # 2107242 13-Oct-2018 13:05
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Rikkitic:

 

I guess if I was being barrel-bombed in Syria I wouldn't worry too much about the cost of petrol in Holland. People here are always comparing us to Australia. The logic is the same. This is just a different comparison and it makes exactly the same amount of sense.

 

 

No, it really doesn't. Australia speaks the same language, is responsible for a lot of our car culture and is also an island thousands of kms away from main markets. It's far more reasonable to discuss Australia as a similar market and compare prices than it is to compare us to a country in a central part of the EU. 


Glurp
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  Reply # 2107250 13-Oct-2018 13:24
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If you go to that country you still have to pay $3.15 to fill up at the pump. That doesn't make it any less painful.

 

 





I reject your reality and substitute my own. - Adam Savage
 


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  Reply # 2107263 13-Oct-2018 14:15
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GV27:

 

Rikkitic:

 

I guess if I was being barrel-bombed in Syria I wouldn't worry too much about the cost of petrol in Holland. People here are always comparing us to Australia. The logic is the same. This is just a different comparison and it makes exactly the same amount of sense.

 

 

No, it really doesn't. Australia speaks the same language, is responsible for a lot of our car culture and is also an island thousands of kms away from main markets. It's far more reasonable to discuss Australia as a similar market and compare prices than it is to compare us to a country in a central part of the EU. 

 

 

Aus funds more roading infrastructure out of consolidated revenue, has some whoppingly expensive toll roads in cities, use speeding fines etc as "revenue gathering" at a cost per ticket that would cause riots in NZ, has lower GST and doesn't fund personal injury insurance / ACC through levies on fuel/RUC.
So even then it's so hard to make fair comparisons that it's not worth the effort, IMO.

 

You get an idea of the relative % of tax per litre from this chart I posted earlier - Aus is pretty low.

 

Our price per litre less tax is quite high, apart from getting the crude oil here, there's only one refinery so local distribution costs are probably quite high and there's less competition - but that's still only a few cents per litre more than say Aus.

 


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Ultimate Geek
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  Reply # 2107264 13-Oct-2018 14:32
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Fred99:

 

GV27:

 

Rikkitic:

 

I guess if I was being barrel-bombed in Syria I wouldn't worry too much about the cost of petrol in Holland. People here are always comparing us to Australia. The logic is the same. This is just a different comparison and it makes exactly the same amount of sense.

 

 

No, it really doesn't. Australia speaks the same language, is responsible for a lot of our car culture and is also an island thousands of kms away from main markets. It's far more reasonable to discuss Australia as a similar market and compare prices than it is to compare us to a country in a central part of the EU. 

 

 

Aus funds more roading infrastructure out of consolidated revenue, has some whoppingly expensive toll roads in cities, use speeding fines etc as "revenue gathering" at a cost per ticket that would cause riots in NZ, has lower GST and doesn't fund personal injury insurance / ACC through levies on fuel/RUC.
So even then it's so hard to make fair comparisons that it's not worth the effort, IMO.

 

You get an idea of the relative % of tax per litre from this chart I posted earlier - Aus is pretty low.

 

Our price per litre less tax is quite high, apart from getting the crude oil here, there's only one refinery so local distribution costs are probably quite high and there's less competition - but that's still only a few cents per litre more than say Aus.

 

 

 

I didn't say it was an exact match, just a hell of a lot more relevant than Holland. And especially when people are saying "Oh well, IT COULD BE WORSE" like it should instantly dismisses any concern about expensive fuel is here and how that impacts on people. 

 

I mean, we're all going to die anyway, right? Why spend money on healthcare?


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  Reply # 2107266 13-Oct-2018 14:42
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I don't care how much it costs abroad, I live in Aotearoa and I pay for it in our dollars. 





Mike
Retired IT Manager. 
The views stated in my posts are my personal views and not that of any other organisation.

 

 Mac user, Windows curser, Chrome OS desired.

 

The great divide is the lies from both sides.

 

 


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