im surprised the govt is not bleating about consumers being fleeced when you consider the price of oil has fallen so much? and petrol prices at pumps are still at all time highs.
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there is another aspect of the Z discounting that worries me.When they have a special (like 10cents off).The price of fuel is reduced on their signage by the 10cents,you fill up then find out you don't get the discount without producing a flybuys card.What happens if you don't have one,do you ask for the petrol to be taken out!
I'm back in on this one after 4 yrs, it's way oversold.
Hamish Rutherford might need to update this article, after the last couple of days. We're way past a $500M loss now.
https://www.stuff.co.nz/business/108...more-than-500m
I wonder what industry is next for Government attention? Hard to know where to invest just now.
A major rort being perpetrated on N.Z. motorists now by both Cindy's kindy and the fuel companies. Absolutely scandalous when oil has been tracking down steadily for weeks now and the currency steadily heading higher. You can see why people are updating to more fuel efficient vehicles with blatant highway robbery going on left right and center. Pity the poor consumers who have to use 98 Octane fuel which is another scandal all of its own with the premium over 91 often being more than 30 cents per liter ! No wonder I can't get much as a trade-in for my Chrysler SRT8 V8 that drinks 98 Octane like a fish on steroids.