The Government's phasing out of the fuel subsidy scheme - to finish late March next year.

The fuel subsidy will stay 25 cents a litre until the end of February -- then drop to 12.5 cents, until the end of March.

The half-price public transport scheme will last until the same time - with both extensions costing taxpayers an extra 116 million dollars.

Chief Executive and Principal Economist at Infometrics Brad Olsen joined Simon Barnett & Tyler Adams to discuss the move.

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