News | Business
8 May 2024 12:18
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    Smaller players in New Zealand's fuel industry say there are bigger fish to fry than displaying premium pricing

    Smaller players in New Zealand's fuel industry say there are bigger fish to fry than displaying premium pricing


    AA predicts premium petrol prices will drop this year -- as companies move to advertise 95 and 98 on their price boards.

    But, Waitomo Group managing director, Jimmy Ormsby says only about 10 per cent of the market is premium fuel.

    He says they believe it's more important to address 'bait advertising' rather than the relatively small amount of premium product sold in the industry.

    Ormsby says bait advertising is when 'club prices' are advertised in place of regular ones -- which misleads the consumer.

    © 2024 Newstalk ZB, NZCity

     Other Business News
     08 May: ANZ has revealed it's New Zealand customers owe almost two-billion dollars in overdue mortgage repayments
     08 May: Dairy prices are up 1.8 percent at this morning's latest Global Dairy Trade auction
     08 May: First home buyers are upping their presence in the property market
     07 May: Briscoe Group boss Rod Duke says the company is defying economic gravity with its latest rise in first-quarter sales
     07 May: The country's largest bank has increased its cash profit, despite falling interest margins
     07 May: Rocket Lab's reported a 69-percent year-on-year revenue growth for the first quarter of the year
     07 May: The OECD has put our slow productivity back in the spotlight
     Top Stories

    RUGBY RUGBY
    Kiwi rugby league player Joey Manu has revealed his desire to become an All Black More...


    BUSINESS BUSINESS
    ANZ has revealed it's New Zealand customers owe almost two-billion dollars in overdue mortgage repayments More...



     Today's News

    Law and Order:
    Police have named 33-year-old Aucklander, Robert Sidney Horne, as the man fatally shot on Ponsonby Road on Sunday night 12:17

    Entertainment:
    Bindi Irwin was told by doctors that the pain caused by her endometriosis was "all in [her] head" 12:15

    Rugby League:
    Kiwi rugby league player Joey Manu has revealed his desire to become an All Black 11:57

    Entertainment:
    Kourtney Kardashian is trying to "shift [her] mindset" about her postpartum body 11:45

    International:
    Borussia Dortmund defeat PSG in Champions League semifinal 11:17

    Entertainment:
    Bernard Hill has died at the age of 79 11:15

    Motoring:
    MetService's warning drivers to prepare for snow and icy conditions tonight in Canterbury 11:07

    Business:
    ANZ has revealed it's New Zealand customers owe almost two-billion dollars in overdue mortgage repayments 10:47

    Entertainment:
    Kaley Cuoco has joked that she would have "sent her daughter back" if she didn't like animals 10:45

    Accident and Emergency:
    A truck crash is causing delays on State Highway 1 south of Levin 10:27


     News Search






    Power Search


    © 2024 New Zealand City Ltd