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 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.

Read more about our Alternative Budget.