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The comment stream

Reader poll

Yes. The price of crude oil globally is falling so this means the price has to naturally go below $2 at the pump.
52% (165 votes)
No. The oil companies won't let it drop that low.
23% (73 votes)
No. When you take into account the various taxes and duties the price of oil has to drop even further to warrant a sub $2 price at the pump and that is not going to happen.
19% (59 votes)
No. The oil price has bottomed.
6% (19 votes)
Total voters: 316

Will the price of unleaded 91 petrol fall below $2 at the pump?

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All news stories

Auckland's migrant flow up 5-fold since 2012

Auckland attracting at least 21,825 migrants a year, another 5,735 head to Canterbury

The Sheep Deer and Cattle Report

Indications the peak may be near for beef as dry and cold conditions start to bite in the south

Stop being house greedy - keep the change instead

Elizabeth Kerr says the social pressure to keep 'buying up' stops people from utilising their money and time to their best advantage

Back to the future?

Most average bank fixed mortgage rates now lower than average bank floating rates, reprising a rate structure last seen in 2009

Euro claws back loses

Upbeat German confidence numbers helps push down NZDEUR over half a cent; global equity markets mixed

NZD/USD trends lower

ECB tones back the urgency rhetoric, European currencies stronger, eyes on NZ Q4 inflation expectations

NZ long govt bonds look attractive

German business confidence shows surprising gain, US services confidence high but sagging, NZ swaps basically unchanged

90 seconds at 9 am: 'A deficit of trust'

Business confidence down everywhere except China (and NZ); Murray says banks have reputation problem; Russia bleeds; NZ$1 = 78.5 USc, TWI = 78.3

APRA vs RBNZ on bank capital

Martien Lubberink asks just how well capitalised New Zealand’s major banks actually are; Compares APRA's view on the parents to the RBNZ's on the subsidiaries

ANZ claims market low 18 mth mortgage rate

New Zealand's biggest home loan lender cuts nearly every fixed rate it offers, matching the market in some terms, going lower in others

Kiwibank breaches bank registration again

Kiwibank breaches bank registration for 2 month period

Key says deficit forecast possible

Updated
Key acknowledges Treasury may forecast budget deficit in December 16 HYEFU, but he remains confident of final surplus; Key confident of China growth and dairy demand

Strong September quarter from Kiwibank

Kiwibank September quarter profit jumps 35%, net interest margin rises, cost to income ratio falls

Not even IRD can prevail against compound interest's power

Terry Baucher reveals the IRD's failing tax penalty system, says the taxman faces a growing problem with debt management

What happened Monday

A review of things you need to know before you go home on Monday; BNZ reduces savings interest, Kiwibank pulls back on high LVR lending, migrants keep coming, record visitor levels, NZD firms

Kiwibank puts brakes on high LVR lending

Kiwibank temporarily halts high LVR home lending that's not exempt from the RBNZ restrictions to 'rebalance the book'

Little picks Robertson for Finance

Updated
New Labour Leader Andrew Little chooses Grant Robertson as Finance Spokesman; Little talks up wealth taxes on property investors and KiwiBuild, but talks down Capital Gains Tax

Battling NZ's fixed-cost raising regulations

The NZ Initiative's Eric Crampton argues some NZ regulations could piggyback on other countries rather than reinvent their own expensive wheels

Immigration hits new all time high

Updated
Migration adds another 47,684 residents in the year to October, could reach 55,000 next year

How a dog can show amazing returns

Elizabeth Davies says the emotional benefits of dog ownership can outweigh the financial cost

Feature of the Week

This data is from the Dairy Companies Association of New Zealand (DCANZ).

Problem reading the charts