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 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
- Borrow $76 billion less than Labour over the current decade
- Return to surplus by 2028 and begin repaying the debt
- Cut wasteful spending
- Reduce the 30% tax rate to 17.5% and cut GST to 10% for 12 months
3: Cutting Red Tape
- Repeal the Zero Carbon Act and the oil and gas ban
- Allow investors from OECD countries to invest without having to jump through bureaucratic hoops
- Limit government’s ability to pass harmful regulation
4: Building For The Future
- Replace the Resource Management Act and amend 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.