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28 results for "Tax"
The Green Party proposes a large-scale public housing build programme, implementing a capital gains tax on investment properties, strengthening rental regulations, and a warrant of fitness for rental homes. They also support community land trusts to create permanently affordable housing.
In simple terms
Build lots of public housing, tax property investment profits, and ensure all rental homes meet minimum quality standards. Create permanently affordable homes through community ownership.
Impact to New Zealanders
Property investors sell rental portfolios quickly, flooding markets and temporarily lowering prices, but construction costs spike as demand overwhelms builders.
Private rental supply shrinks as investors exit; landlords pass compliance costs onto remaining tenants, offsetting quality improvements for renters who stay.
Local councils struggle funding community housing upkeep; low-income residents benefit long-term, but middle earners priced out of both public and private markets.
The Green Party advocates for a faster transition, targeting net-zero by 2035. Policy includes a wealth tax to fund climate action, ending all new fossil fuel exploration, a Just Transition Fund for affected workers, rapid expansion of renewable energy, and free public transport.
In simple terms
Reach net-zero emissions by 2035 rather than 2050, stop all new fossil fuel projects, support workers whose jobs disappear due to the energy transition, and make public transport free.
Impact to New Zealanders
Free public transport reduces car sales, shrinking local dealerships and mechanic jobs faster than transport roles grow, hitting regional economies hardest.
Heavy manufacturing investment in renewable infrastructure attracts overseas skilled workers, while local tradespeople retrain slower, creating wage pressure and housing demand in construction hubs.
New Zealand's energy costs fall below fossil-fuel competitors, attracting energy-intensive industries, but rural communities dependent on coal/gas struggle unless diversification succeeds.
The Green Party proposes a Super-Wealth Tax on individuals with net assets over $10 million (excluding the family home) to fund a guaranteed minimum income, free public transport, free school lunches, and free GP visits. They argue addressing inequality is the key to reducing cost of living pressure.
In simple terms
Tax the wealthy to fund a guaranteed income for everyone, make public transport and healthcare free, and provide free meals in schools.
Impact to New Zealanders
Government spending rises sharply; taxes on high earners increase, potentially prompting some wealthy professionals to relocate overseas, reducing local expertise.
Free public transport reduces car use, lowering fuel tax revenue; government must raise taxes elsewhere or cut services to fill the budget gap.
Guaranteed income may reduce pressure on workers to accept low wages; employers in struggling sectors face higher labour costs, potentially accelerating automation.
ACT proposes tax cuts funded by reducing government spending, removing regulations that inflate the cost of goods and services, and allowing more competition in markets like groceries. They support repealing the Grocery Industry (Improving Competition) Act and instead enforcing existing commerce law.
In simple terms
Cut taxes, reduce government spending, and make markets more competitive so businesses have to keep prices low.
Impact to New Zealanders
Tax cuts boost household spending, but reduced government revenue forces cuts to public services like GP visits and road maintenance that poorer communities rely on most.
Businesses cut costs by reducing staff training and safety standards; workplace injuries rise, shifting long-term care costs to individuals and families rather than employers.
Decades of underinvestment in public infrastructure and education create a less-skilled workforce, making New Zealand less competitive globally and widening wealth inequality structurally.
NZ First focuses on reducing fuel taxes, limiting immigration to ease wage competition, supporting NZ-made products, and opposing policies that increase energy costs. They also support superannuation increases tied to wages and oppose any changes to NZ Super eligibility.
In simple terms
Cut fuel taxes, limit immigration to protect wages, buy New Zealand products, and protect superannuation for older New Zealanders.
Impact to New Zealanders
Lower fuel costs boost spending on other goods, but reduced tax revenue forces cuts to roading maintenance, creating potholes that damage vehicles.
Stricter immigration limits tighten labour in healthcare and hospitality, pushing wages up there but forcing businesses to raise prices, offsetting fuel savings for many households.
Buying local-only goods raises product costs and reduces competition, while higher superannuation spending without immigration workers supporting the tax base strains government budgets for education and infrastructure.
Te Pāti Māori proposes a universal basic income, removal of GST from food and basic necessities, free healthcare and education, and progressive wealth taxes. They argue Māori are disproportionately affected by cost of living pressures and that structural economic change is needed.
In simple terms
Give everyone a basic income, remove GST from food and essentials, make healthcare free, and tax wealth to fund it all.
Impact to New Zealanders
Businesses raise prices on non-food items to offset lost GST revenue; renters see landlords pass on wealth tax costs through higher rent.
High earners and investors relocate overseas, shrinking the tax base; government must either cut services or raise taxes on middle-income workers.
Basic income becomes baseline expectation; wage bargaining weakens as employers assume workers have guaranteed income, potentially lowering job market wages overall.
National has introduced income tax threshold adjustments to compensate for bracket creep, increased the Independent Earner Tax Credit, and provided Working for Families top-ups. They oppose a capital gains tax and wealth tax, and aim to return to surplus through spending restraint.
In simple terms
Adjust tax brackets so workers keep more of their pay rise, help working families with tax credits, and oppose new taxes on wealth or investment gains.
Impact to New Zealanders
Workers earning $50k–$120k keep extra cash monthly, but government has less revenue for hospitals, schools, and roads without spending cuts.
Wealthy investors buy more property and shares tax-free, driving up house prices faster than wage earners can save for deposits.
Lower-income Kiwis fall further behind homeownership while public services deteriorate unless taxes rise elsewhere or debt balloons significantly.
Labour introduced a 39% top income tax rate for income over $180,000 and maintains progressive income tax. They oppose a broad capital gains tax, having ruled it out during their tenure, but support closing tax loopholes and ensuring multinationals pay their fair share.
In simple terms
Keep a high tax rate for very high earners, make sure large corporations pay tax in New Zealand, and close loopholes used to avoid tax.
Impact to New Zealanders
Government revenue increases, funding more public services, but some high earners and businesses relocate headquarters overseas, reducing local job creation.
Tech startups and innovative companies struggle to attract investor talent without competitive salaries, while accounting firms grow larger helping remaining businesses navigate compliance costs.
New Zealand's economy may rely more on stable, lower-innovation sectors; workers benefit from better public services but face fewer high-wage career pathways than comparable countries.
The Green Party proposes a Super-Wealth Tax of 2.5% on net assets over $10 million (excluding the family home), a capital gains tax on investment properties, a corporate tax rate increase to 33%, removing GST from fresh food, and using revenue to fund public services and income support.
In simple terms
Tax the very wealthy on their total assets, tax profits from selling investment properties, increase company tax, and remove GST from fresh food.
Impact to New Zealanders
Wealthy individuals and investment property sellers face higher tax bills, reducing investment capital available for new housing developments and business expansion.
Reduced private investment slows construction; house prices may rise faster in regions relying on private development, offsetting gains for lower-income food shoppers.
New Zealand's tax base becomes more dependent on wealth taxes; if wealthy individuals relocate overseas, the burden shifts onto middle-income earners and workers.
ACT proposes significant income tax cuts funded by reducing government spending, a flat tax of 17.5% for income under $70,000, and abolishing inheritance tax. They oppose all new taxes including capital gains and wealth taxes, and want to simplify the tax system.
In simple terms
Cut income taxes significantly, create a simpler flatter tax system, oppose any new taxes on savings or investments, and fund it all by cutting government spending.
Impact to New Zealanders
Lower-income workers gain modest tax relief, but government cuts to services like community health clinics and local libraries hit those same communities hardest.
Wealthy investors thrive tax-free, but delayed maintenance on roads, schools, and hospitals creates expensive emergency repairs that eventually cost taxpayers more overall.
New Zealand's workforce becomes less skilled as universities and vocational training shrink, making workers less competitive globally and reducing future earning potential across all income levels.
NZ First opposes capital gains and wealth taxes, supports adjusting income tax thresholds to offset inflation, advocates for superannuation to be tax-free, and wants to remove GST from rates and insurance. They also support tax incentives for regional businesses.
In simple terms
Stop new taxes on savings and investment, adjust tax brackets for inflation, make superannuation tax-free, and remove GST from rates and insurance.
Impact to New Zealanders
Government loses tax revenue from savings/investment and GST on rates, forcing cuts to public services or higher income taxes on wage earners.
Wealthy investors gain more capital to reinvest, widening wealth inequality as lower-income earners can't access these tax breaks and face service reductions.
Reduced infrastructure funding stifles long-term economic growth, potentially offsetting initial investment gains and leaving younger generations with aging assets.
Te Pāti Māori supports a comprehensive capital gains tax, a wealth tax on high net worth individuals, removing GST from food and basic necessities, and using revenue to fund universal basic income and free public services. They argue the current tax system perpetuates inequality.
In simple terms
Tax investment profits and large fortunes, remove GST from food and essentials, and use the money to pay for a universal income and free services for all.
Impact to New Zealanders
Investment returns fall as capital moves offshore; KiwiSaver and Kiwi homeowners' retirement funds shrink before universal income kicks in.
Businesses reduce hiring and wages stagnate as tax burden shifts; universal income rises but buys less as inflation follows reduced productivity.
New Zealand's tax base erodes as high earners and companies relocate; future governments must cut services or raise taxes on middle earners to sustain programme.
The Green Party advocates for a wellbeing economy model, measuring success beyond GDP. Proposals include a universal basic income, public investment in green industries, stronger worker rights, and progressive taxation to reduce inequality and fund public services.
In simple terms
Measure the economy by people's wellbeing not just GDP, give everyone a basic income, invest in green industries, and make work fairer.
Impact to New Zealanders
Basic income reduces pressure on emergency services; hospitals see fewer stress-related visits, freeing up resources but straining welfare budgets.
Green industry jobs grow in regions, but older workers in fossil fuel sectors struggle retraining; regional inequality may initially worsen before improving.
Wellbeing-focused GDP metrics reduce investor confidence in traditional sectors, potentially lowering NZ's tax revenue and forcing cuts elsewhere despite improved citizen happiness.
ACT advocates for a smaller state, lower taxes, deregulation, and free markets as the path to economic growth. They propose significant cuts to public spending, privatisation of state-owned enterprises, and removing barriers to business and investment.
In simple terms
Shrink government, cut taxes, deregulate industry, and let businesses and markets drive economic growth.
Impact to New Zealanders
Tax cuts benefit higher earners most; lower-income workers see minimal relief while public services slow due to reduced funding.
Deregulation attracts business investment to cities; rural regions and smaller towns lose services as companies consolidate operations and staff relocate.
Reduced environmental and labour oversight increases short-term profits but creates legacy costs: pollution cleanup, health issues, and wage stagnation burden future taxpayers.
Te Pāti Māori advocates for a Māori economy framework that recognises the $70 billion Māori asset base, Treaty-based economic partnerships, investment in Māori enterprises, and redistribution through progressive taxation. They support economic decolonisation and Māori control of their resources.
In simple terms
Recognise and grow the Māori economy, form Treaty-based economic partnerships, invest in Māori-owned businesses, and redistribute wealth through fair taxation.
Impact to New Zealanders
Government redirects capital to Māori businesses; non-Māori small firms compete harder for remaining grants and contracts.
Māori-owned firms gain market share; higher tax rates on top earners reduce investment capital available to all growth companies.
Wealth concentration shifts toward Māori communities, but overall economic growth may slow if top earners or investors relocate offshore.
The Green Party prioritises investment in renewable energy infrastructure, public transport, water infrastructure, and broadband in underserved communities. They support a Green New Deal-style public investment programme funded through borrowing and progressive taxation.
In simple terms
Invest heavily in green energy, public transport, clean water systems, and broadband, funded by borrowing and taxes on the wealthy.
Impact to New Zealanders
Government borrows heavily; interest payments rise, leaving less budget for schools, hospitals, and other services unrelated to infrastructure.
Wealthy individuals and businesses relocate assets overseas to avoid new taxes, reducing overall tax base and shifting burden onto middle-income earners.
Lower-income regions gain reliable transport and broadband, but housing costs surge nearby as investors and remote workers move in, displacing original residents.
National focuses on reducing compliance costs, faster GST and tax refunds, digital government services for businesses, cutting red tape, and maintaining 90-day trial periods. They aim to create a more business-friendly regulatory environment to help SMEs grow.
In simple terms
Cut red tape for small businesses, get them their tax refunds faster, improve online government services, and keep the rules simple.
Impact to New Zealanders
Small businesses save time on paperwork and get cash faster, but larger firms with compliance staff gain less advantage, widening competition gaps.
Simpler rules mean fewer environmental or safety compliance checks, so cost savings accrue to businesses but oversight costs shift to councils and health agencies.
Reduced regulatory burden attracts more small-business startups, but fewer become large employers; New Zealand's productivity growth plateaus as mid-size firms don't emerge.
The Green Party supports local and community enterprises, co-operatives, and social enterprises. They propose procurement policies favouring local businesses, support for businesses transitioning to sustainable practices, and using the tax system to level the playing field against large corporations.
In simple terms
Favour local businesses in government contracts, help small businesses go green, support co-operatives, and stop large companies from having unfair tax advantages.
Impact to New Zealanders
Government contract costs rise as smaller local suppliers charge more than established large competitors, increasing public spending.
Small businesses that can't afford green upgrades fall behind, concentrating market share among better-resourced competitors despite policy intent.
New Zealand exports become less competitive globally if domestic small suppliers stay smaller than international rivals, pressuring wages.
Our Team Our Team Meet Christopher Groups Values Get in Touch Volunteer Take Action Take Action Donate Stay Informed Become a Member Volunteer National Foundation News News Latest News MP News Public Notices Members DONATE Electorate Finder Our Team Take Action News Members DONATE Government cancels fuel tax hike 31 August 2026 Government cancels fuel tax hike The fuel excise hike planned for next year has been cancelled to help Kiwis with the cost of living and deliver lower taxes for New Zeala
In simple terms
Sixth renewable energy project fast-tracked03 July 2026Chris BishopSimeon BrownThe Māhinerangi Wind Farm project in Otago has been granted Fast-track approval.
Impact to New Zealanders
Wind farm construction creates jobs in Otago, but fast-tracking skips community consultation, leaving local residents feeling unheard.
Cheaper renewable energy benefits urban households' power bills, while regional landowners who opposed the project face reduced property values.
Faster renewable projects lower long-term energy costs, but reduced consultation processes weaken local communities' ability to shape future infrastructure decisions.
The Green Party has announced their 2026 tax policy ‘a tax system for all of us’ today.
In simple terms
The Green Party has announced their 2026 tax policy ‘a tax system for all of us’ today.
Impact to New Zealanders
Government revenue increases, but some profitable companies relocate headquarters overseas to avoid higher tax, reducing local jobs in corporate services.
Lower-income earners enjoy tax cuts, but businesses may slow hiring or automation investment, affecting future wage growth for workers without specialist skills.
Long-term: New Zealand's tax base becomes narrower as multinational firms optimise globally; future governments struggle funding services despite initially higher revenue.
Taxes fund services that create a greater economic return than the cost.A free market economy requires a productive workforce, therefore we invest in education healthcare.Feel free to employ an economist to provide some basic training on this matter … See more
In simple terms
Taxes fund services that create a greater economic return than the cost.
Impact to New Zealanders
Government cuts funding to programs deemed low-return, leaving vulnerable workers without retraining support while employers save on wage costs.
Regions dependent on 'low-return' services (rural areas, provincial towns) experience population drain as skilled workers migrate to high-productivity urban centers.
Two-tier labour market emerges: high-wage tech/finance workers in cities versus chronic underemployment in regions, reducing overall economic mobility for working-class New Zealanders.
TOP proposes a Land Value Tax (LVT) of 1.75% on all land to replace the current property tax system, a Citizen's Income of $370 per week funded partly by the LVT, three income tax brackets (28% up to $70k, 34% up to $180k, 39% above), and a KiwiSaver 2.0 compulsory employer contribution of 6%. The LVT targets land speculation rather than productive activity and is designed to be revenue-neutral when combined with reduced income taxes for most earners.
In simple terms
Tax land instead of income — a 1.75% annual charge on all land values funds a $370/week Citizen's Income for every adult, while income tax is simplified into three brackets. Most workers end up paying less tax overall.
Impact to New Zealanders
Landowners start selling property to avoid the 1.75% annual charge, flooding the market and crashing house prices—renters benefit, but existing homeowners lose equity.
Local councils lose rates revenue as land values drop, forcing cuts to libraries, pools, and roading maintenance in lower-income areas that depend most on these services.
Foreign investors and developers dominate land purchases since they're less sensitive to price changes, slowly shifting property ownership away from New Zealand families to overseas corporations.
TOP's Land Value Tax is designed as the primary mechanism to reduce housing speculation by taxing the unimproved value of land annually. This discourages landbanking and encourages development. TOP also supports government underwriting of construction finance, streamlined resource consent approvals, and estimates that New Zealand faces an 80,000-home shortage requiring urgent action.
In simple terms
The Land Value Tax makes it expensive to sit on unused land, pushing owners to develop or sell. Combined with government backing for builders and faster consenting, this should increase housing supply and reduce speculative price rises.
Impact to New Zealanders
Landowners rush to sell or develop, flooding market with new properties; buyers initially benefit from choice, but construction workers become scarce and wages rise.
Rapidly developed areas strain local roads, schools, and water pipes faster than councils can upgrade them; ratepayers in growth zones face higher rates to fund infrastructure.
Rural and provincial landowners who can't afford the tax sell to large corporate developers; local ownership patterns shift, concentrating land control in fewer hands.
TOP proposes increasing R&D investment to 2% of GDP through targeted tax credits, strengthening the Commerce Commission to break up supermarket and building materials duopolies, creating a new Impact Company legal structure for social enterprises, and shifting economic measurement beyond GDP to include wellbeing indicators. They argue structural reform is needed to address New Zealand's productivity problem.
In simple terms
Double R&D spending, give regulators the power to break up monopolies in supermarkets and building supplies, create a new company type for businesses with social purposes, and measure success by people's wellbeing not just GDP.
Impact to New Zealanders
R&D spending attracts tech workers to NZ, raising house prices in tech hubs and squeezing out service workers.
Breaking up supermarket monopolies creates more small competitors, initially lowering prices but increasing food waste and logistics costs.
Wellbeing metrics replace GDP, shifting tax incentives away from exports toward local services, shrinking NZ's international economic influence.
TOP identifies a $1 trillion infrastructure spending shortfall over the next 30 years and proposes a long-term national infrastructure plan to address it. They support free public transport as a way to reduce road congestion and emissions, replacing the RMA with streamlined environmental legislation, and using the Land Value Tax to fund infrastructure development.
In simple terms
New Zealand faces a massive infrastructure deficit — TOP wants a 30-year plan to fix it, free public transport to reduce car dependency, and use land tax revenue to fund new infrastructure.
Impact to New Zealanders
Free public transport costs rates/taxes; commuters save money, but fewer buses may run in rural areas where usage stays low.
Land tax revenue grows as property values rise; urban developers face higher costs, potentially building fewer rental homes for lower-income earners.
30-year infrastructure backbone shifts jobs toward rail hubs; regional towns distant from transit corridors lose workers and retail spending, widening regional inequality.
TOP opposes the Treaty Principles Bill and supports honouring the Treaty of Waitangi. They support te reo Māori language revitalisation, devolution of social services to Māori providers, and argue the Citizen's Income and Land Value Tax will disproportionately benefit Māori who are over-represented in poverty. TOP supports co-governance where Treaty obligations require it.
In simple terms
Oppose the Treaty Principles Bill, support the Māori language, and let Māori communities run their own social services. The universal Citizen's Income would directly help Māori who face higher rates of poverty.
Impact to New Zealanders
Māori language funding increases teacher demand, pulling educators from other regions and raising rural school staffing costs nationwide.
Community-run social services reduce government oversight, creating pockets of excellence but also inconsistent quality and accountability gaps some families struggle with.
Citizen's Income redistributes wealth broadly but may reduce targeted programs designed specifically for Māori health and housing, shifting who gets helped most.
TOP's Citizen's Income provides a universal income floor that strengthens workers' bargaining power by removing the desperation to accept any job. They support R&D tax credits to create higher-value jobs, small business support, a fair ACC system, and the Impact Company legal structure enabling businesses to balance profit with social purpose.
In simple terms
The Citizen's Income gives workers the freedom to say no to bad jobs, improving wages naturally. TOP also supports R&D to create better jobs, and a new company type that lets businesses prioritise people alongside profit.
Impact to New Zealanders
Small businesses struggle to compete for workers against larger firms; wage bills rise faster than productivity, squeezing profit margins for employers.
Companies automate jobs faster to offset labour costs; workers gain bargaining power but fewer low-skill positions exist, requiring retraining investment.
New Zealand's tax base shrinks as fewer people work; funding citizens' income requires raising taxes on working population or cutting services elsewhere.
TOP supports R&D tax credits for small and medium enterprises, strengthening Commerce Commission powers to break up duopolies that harm small business suppliers (particularly in groceries and building materials), the Impact Company legal structure, and the Land Value Tax which they argue will reduce commercial rents by taxing land rather than buildings.
In simple terms
R&D credits for small businesses, break up the supermarket and hardware duopolies that squeeze small suppliers, and a new social enterprise company structure. The land tax also aims to reduce the cost of commercial premises.
Impact to New Zealanders
R&D credits attract tech startups to cities, raising commercial rents faster than land tax can reduce them, hurting non-tech small businesses.
Supermarket duopoly break-up increases supplier options but fragments supply chains, raising logistics costs that smaller retailers struggle to absorb.
Social enterprise structure becomes niche alternative, while mainstream businesses remain conventional—creating two-tier economy with different tax treatments and unequal competitive advantages.