Election 2023 - Economy Policy
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Act
Spokesperson:
David Seymour
Link to
policy here
.
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- Set an explicit target for New Zealand to be in the 10 fastest-growing economies in the OECD.
- Lowers net core Crown debt every year. While ensuring operating deficits in 2023/24, 2024/25 and 2025/26 are smaller than forecast, with a larger surplus in 2026/27.
- Creates a more competitive tax system that encourages work, savings, and investment. By 2027/28, we will have flattened and simplified the income tax system, with three rates instead of five, and a top rate of 33%.
- Reduces the number of public servants and removes whole departments that add no value for the public.
- Pays good teachers more and pay the best teachers a lot more with the Teaching Excellence Reward Fund.
- Protects New Zealand and its allies by increasing defence spending to 1.5% of GDP, with a long-term target of reaching 2% by 2030.
- Read more here
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Green Party
Spokesperson:
Jan Logie
Link to
policy here
.
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- Support and resource development of the Maori economy, ensuring economic policies recognise the importance of whanau, whenua and kaitiakitanga to Maori economic development.
- Implement a Tiriti-based economic strategy that eliminates the dependence of economic systems on growth and ensures economic activity is resilient and occurs far beneath ecological limits.
- Ensure the tax policy contributes to New Zealanders' overall quality of life and the sustainable development of Aotearoa New Zealand.
- Ensure public investment effectively furthers the transition to a fair and sustainable economy.
- Read more here
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Labour
Spokesperson:
Barbara Edmonds
Link to
policy here
.
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- Continue tracking a careful path back to surplus and targeting investments into what matters most to New Zealanders.
- Grow an export-led economy with a strong global reputation .
- Turn New Zealand into a Centre of Excellence for sustainable agriculture and agricultural technology.
- Be a global leader in renewable energy.
- Harness New Zealand’s digital creativity and expertise.
- Boost our premium tourism offering.
- See more here
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National
Spokesperson:
Christopher Luxon
Link to
policy here
.
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- Repealing Labour’s RMA 2.0 changes which increase bureaucracy and legal complexity while removing local decision making.
- Cutting financial red tape that is stifling investment by reducing the scope of the CCCFA and repealing the Conduct of Financial Institutions Act.
- Restoring 90-day trials for businesses with more than 20 staff.
- Eliminating the need for resource consents for EV charging points and water storage on farms.
- Giving farmers the tools they need to reduce emissions by lifting the effective ban on GE and GM technologies.
- Streamlining building consents and code of compliance certificates.
- Read more here
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TOP
Spokesperson:
Raf Manji
Link to
policy here
.
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- Return Reserve Bank mandate to price stability only.
- Liberalise the overseas investment framework to attract productive foreign investment and support local innovators.
- Make Kiwisaver enrolment compulsory at birth (currently voluntary).
- Review role of Kiwisaver contributions for freelancers/contractors, and in supporting price stability.
- Read more here
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Te Pāti Māori
Spokesperson:
Debbie Ngarewa-Packer
Rawiri Waititi
Link to
policy here
.
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- Immediately raise the minimum wage to $25 per hour and legislate for an annual increase to keep up with cost of living increases.
- Remove financial penalties, sanctions, and work-test obligations.
- Cancel income support related debt and ensure that additional grants do not need to be paid back in future.
- Raise abatement rates for benefits and student allowances.
- Create a universal student allowance and double student allowance rates.
- Introduce free public transport for students at all levels.
- Write off the living cost component of all student loans and work towards writing off the total student loan for those who work in Aotearoa for a period of five years.
- Read more here