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Tuesday, July 29, 2008

The Sunday Drive


In past we always felt that a good drive could help us relax and free the mind whereas in present days that it all but a thing of the past. Rising fuel costs have changed the economic climate hugely that all are now watching their pennies more tightly. Matched with growing costs of food also, the trip to the supermarket could be drawn on how much fuel will be burnt on the trip making the assumption that we are indeed pushing on hard times for the average New Zealander.
The NZ Herald reports increasing debt levels and many NZers now struggling to make their standardised repayments.
Also noted is the reduction of day trips NZers are now taking due to the high petrol pricing making a 12.5% drop and the NZ tourism board has stated that it results to $400m loss in tourism sales. Nationally there is a decline in people taking holidays and even fewer business trips. All this is in response to rising petrol prices resulting in a weaker economy and may see smaller businesses struggle to stay a float.
The decisions faced to our government and the choices they make are now crucial and with elections approaching, only time will tell.

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