A 5-Point Plan for Economic Recovery

ACT has a fully-costed plan for economic recovery, which keeps the debt low, cuts taxes, and gets the country back to surplus, while keeping Kiwis in work.

Our 5 point plan priorities are:

1: Getting Kiwis Back To Work

  • 90-day trials for all businesses
  • Three-year moratorium on minimum wage increases

2: Balancing The Books

  • Return to surplus by 2024 and begin repaying the debt
  • Cutting wasteful spending of more than $7.6 billion
  • Delivering $3.1 billion in tax cuts – reducing the 30% tax rate to 17.5% and cutting GST to 10% for 12 months

3: Cutting Red Tape

  • Repealing the Zero Carbon Act and the oil and gas ban
  • Allowing investors from OECD countries to invest without having to jump through bureaucratic hoops
  • Limiting government’s ability to pass harmful regulation

4: Building For The Future

  • Replacing the Resource Management Act and amending the Building Act
  • End politically motivated infrastructure funding decisions with a new, independent Infrastructure Corporation

5: Protecting Public Health

  • Temporarily double Customs’ funding to reopen the border as soon as it is safe to do so
  • Establish a permanent National Public Health Service to streamline epidemic responses
  • Expand the national personal protective equipment stockpile
  • Add a human health element to border inspections

 

Read more about our Alternative Budget.