This is a time for cool, calm heads.”Hipkins, speaking to reporters after Willis, wouldn’t walk back his earlier comments and argued that the Government would receive millions extra in GST revenue. He calculated that if fuel prices increase $1 a litre, it would result in an extra $3m a day in GST revenue. His reference to hundreds of millions extra was based on a briefing from officials suggesting higher fuel prices could persist for months. However, Hipkins wasn’t clear when asked if GST revenue would reduce as people pulled back on other expenses. He has worked for NZME since 2018, reporting for the Northern Advocate in Whangārei and the Herald in Auckland.

Source: New Zealand Herald March 24, 2026 06:53 UTC