Economy

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.

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 will revolutionise how government regulates New Zealand, and making for higher productivity and wages for workers, and lower prices and more innovative goods and services for consumers.

Government spending has grown from $80.6 billion a year in 2017 to $137 billion in 2023, a 70 per cent increase. But New Zealanders, including Labour voters, believe public services are now worse than they were a few years ago.

Small businesses are the backbone of New Zealand’s economy. If New Zealand is to have a thriving and productive economy, we need to make it a better place for small business to operate in. ACT is committed to doing that.

The internet has allowed non-standard forms of work to emerge in a range of industries in response to the needs of employers, workers, and consumers.

ACT’s proposed changes to the personal grievance process will make it fairer and faster for all parties, providing greater certainty and making hiring workers less risky.

New Zealand’s aspiration to become a high-skilled and high-waged economy depends on affordable and reliable energy.