38375 (2026). Tangi Utikere to the Minister of Transport

38375 (2026). Tangi Utikere to the Minister of Transport: What is the net fiscal impact, across the forecast period, of the new fuel excise increase schedule compared with the previously scheduled increases, and does that impact represent a net loss or gain to the Crown and the National Land Transport Fund respectively?

Hon Chris Bishop: Compared with the previously scheduled increases, the net fiscal impact of the revised schedule across the forecast period is $1.476 billion. This represents a net cost to the Crown to offset revenue foregone by the National Land Transport Fund (NLTF), with no net loss to the NLTF.