Economic Development

New Zealand is in the midst of a cost of living crisis. Rents are up, mortgage rates are on the rise, the cost of food is up, petrol is up - but wages aren't keeping up. The Government isn't listening and every day Kiwis are going backwards. In this document ACT puts forward practical ideas and solutions.

ACT has released an aspirational Budget for the future, for rebuilding, increasing productivity and growth. It’s the opposite to Labour’s approach of taxing people they don’t like and giving handouts to others.

New Zealanders have voted against unions. 70 percent of workers once belonged to a union – now it’s just 20 percent.

Changing the government isn’t enough. We need to change direction, too. Keep in touch as we push for real change.

Labour’s wasteful spending and war on business have pushed up the price of everything. Prices have gone up 6.9%, and wages just 2.6%, so you can buy less with your money. Worse, new taxes mean working New Zealanders have even less money. The squeezed middle is getting poorer.