Finance Minister Nicola Willis has revealed plans are in place to unveil a package to help households with the cost of fuel.

She says more details will be revealed tomorrow, and she's worked with Inland Revenue and Treasury officials to develop this planned relief.

Willis explained that this plan won't go against the Government's fiscal strategy ahead of the upcoming election.

"We will be funding it from this year's Budget operating allowance...we are going to prioritise our Budget in order to be able to fund this in a temporary, timely and targeted way."

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

The Green Party is offering its support to National to fast-track a fossil fuel relief package, bypasssing other parties with their combined 63 votes.

The proposal includes three months of free public transport, a windfall tax on fuel companies, and targeted payments for rural and low-income earners.

The Green Party co-leader Chloe Swarbrick told Kerre Woodham, "we have put a sensible and urgent fossil fuel crisis relief package on the table, and we're really willing and able to work with the National Party to make it happen."

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

This fuel situation is starting to feel like herding cats.

You’ve got the government, on one hand, going on about seven weeks supply. Don’t panic, keep calm and carry on.

The government is also talking about this rescue package for low-to-middle income earners.

Then you’ve got the hoarders filling up drums and jerry cans with petrol and diesel. I met one on the weekend.

He was doing the drums and the cans but he was also using the fuel tank in his boat for storage. He was a tradie and said all the farming mates he was out with are doing the same.

And now we’ve got businesses deciding to take their own course of action, and some are either putting their prices up or adding fuel surcharges.

One in Christchurch has just announced that, unless customers go to them, they’re going to have to pay an extra $5 while the fuel prices remain high because of the situation in the middle east.

It’s even offering free finance options for people with a community services card.

Didi, the rideshare outfit similar to Uber which operates in Auckland and Wellington, is also introducing a fuel surcharge from Wednesday. Charging passengers 5 cents per kilometre.

Which raises the question: is this reasonable, given we’re all in this boat together?

My view is that a specific surcharge is much more reasonable than a random increase in prices.

There’s a pie shop in the nelson area that has just announced that the prices of its pies are going up 50 cents.

The owner of the shop says the increase is happening immediately, and she’s doing it because the fuel prices have increased her costs by 20 percent.

She says she has no option.

The thing is, though, how do customers know her costs have gone up 20 percent? How does the bakery owner know that charging 50 cents more for a pie is what’s needed to cover that increase?

And more to the point, when this is all over and the fuel prices are down again, are the pies going to be 50 cents cheaper? I bet they won’t be.

Which is why I think a temporary surcharge is a fairer way of doing it.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

Forsyth Barr's Zoe Wallis joins Ryan with what to watch in the markets this week.

See omnystudio.com/listener for privacy information.

It's a tale of two cities, with Canterbury crowned the top regional economy and Wellington finishing last.

ASB's latest Regional Economic Scoreboard shows Canterbury outperformed in nearly every key measure, including employment, retail spending, housing activity, and population growth.

Otago and Waikato tied for second and Auckland climbed to fourth.

ASB Chief Economist Nick Tuffley told Mike Hosking it follows the theme they’ve seen over the past few years of export-focused regions being more resilient.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

The Finance Minister's set to announce details of cost relief measures for low-to-middle households today.

Nicola Willis announced the support package would be on its way - in response to the Iran war and fuel crisis.

Transporting NZ CEO Dom Kalasih shares his thoughts with Ryan Bridge on the Government lowering the quality specifications for imports to match Australia.

See omnystudio.com/listener for privacy information.

Synlait's boss says the company's facing its toughest period in 20 years, but hopes a turnaround is near.

The Canterbury milk processor's posted a half year loss of $80.6 million.

Revenue rose $32 million to $949 million, while debt soared 88$ to $472 million.

Chief Executive Richard Wyeth told Mike Hosking the next six months are critical.

He says they've got the sale of a North Island asset coming up but need to catch up on a backlog for advanced nutrition, then they can focus forward.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

Will the NZ navy join a Trump prosposed coalition to secure the Strait of Hormuz? Global trade takes a hit.

See omnystudio.com/listener for privacy information.