Tough circumstances call for responsible economic management. Now is not the time for big spending promises or significant tax cuts. It is time to end the waste and fix the economy.Read more
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.
Check out our campaign to Ease the Squeeze of the cost of living crisis at easethesqueeze.nz
ACT's common sense solutions to ease Labour’s cost of living crisis:
1. Cut wasteful spending by $6.8b and keep a lid on government borrowing
2. Simplify the tax system to two rates – 28 per cent and 17.5 per cent – meaning less tax on every earner
3. Stop hitting businesses and productive people with new rules and taxes
4. Rein in the Reserve Bank so it’s focused on prices and nothing else
5. Drop all Covid-19 restrictions that no longer make sense.
Read ACT's comprehensive cost of living plan here.
New Zealanders have voted against unions. 70 percent of workers once belonged to a union – now it’s just 20 percent. So Labour plans to force them on Kiwi workers whether they like it or not with “Fair Pay” Agreements.
Fair Pay Agreements are a relic of the 1970s which have been dusted off to help Labour’s union mates.
Just 1 in 10 workers will be able to demand a “Fair Pay” Agreement. And even if an agreement is voted against twice, every worker and firm in that industry will still be forced to sign up to it.
That’s totally undemocratic - it’s compulsory unionism. ACT will scrap them.
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.Read more