{"id":540324,"date":"2026-07-23T13:02:45","date_gmt":"2026-07-23T13:02:45","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/540324\/"},"modified":"2026-07-23T13:02:45","modified_gmt":"2026-07-23T13:02:45","slug":"finance-minister-says-govts-working-to-bring-down-power-prices-as-inflation-hits-4-1","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/540324\/","title":{"rendered":"Finance Minister says Govt&#8217;s working to bring down power prices as inflation hits 4.1%"},"content":{"rendered":"<p>The Finance Minister expects to see power prices start easing &#8220;soon&#8221;.\u00a0<\/p>\n<p>Inflation&#8217;s hit a two-year high of 4.1%.\u00a0<\/p>\n<p>It&#8217;s been driven not only by the surge in global petrol and diesel prices thanks to the war in Iran, but also the 12% annual rise in household electricity bills.\u00a0<\/p>\n<p>Nicola Willis told Mike Hosking the increase in power generation is pushing down commercial power prices and should also start bringing down household power prices.\u00a0<\/p>\n<p>She says the extra generation is consented and is being built, and the Government expects the fall in energy costs to be passed on to retail customers.\u00a0<\/p>\n<p>LISTEN ABOVE\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"The Finance Minister expects to see power prices start easing &#8220;soon&#8221;.\u00a0 Inflation&#8217;s hit a two-year high of 4.1%.\u00a0&hellip;\n","protected":false},"author":2,"featured_media":540325,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,219,266093,152486,266092,1943,208248,111,139,27296,69,266091],"class_list":["post-540324","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-electricityprices","tag-financeminister","tag-fuelprices","tag-inflation","tag-inflationrate","tag-new-zealand","tag-newzealand","tag-nicolawillis","tag-nz","tag-powerprices"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/540324","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=540324"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/540324\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/540325"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=540324"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=540324"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=540324"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}