NZ Politics Costed

Economy & business

What each party would do, and what it would cost over four years.

Net cost in this area

Four-year net. Bars share one scale. Solid adds to the deficit, light reduces it.

National
+$105m
Labour
—
Green Party
—
ACT
+$162m
NZ First
+$1.00b
Te Pāti Māori
+$300m
The Opportunity Party
+$5.86b
National+$105m
International Visitor Levy reset: residual paid to councils from 1 Jul 2027
+$105m
Partyhigh

Announced 8 Sep 2026 in place of a bed tax. DOC gets a fixed $100m/yr, a new tourism priorities fund $50m/yr, and councils the residual (forecast $86m 2027/28 rising to $106m 2030/31; about $385m to councils over 4 yrs). National puts the Crown cost at $105.1m over 4 yrs, rising from $15.4m to $38.9m. Peters called it 'reallocating the operating allowance'. Annual = 2030/31.

Source
Labour—

Nothing announced in this area.

Green Party—

Nothing announced in this area.

ACT+$162m
Local Tourism Dividend: $1 per commercial guest night to councils
+$162m
Partyhigh

ACT: ~$40.6m/yr on 2026 guest nights, with per-council amounts. 4-yr = 4x, no growth.

Source
NZ First+$1.00b
National Subsurface Development Survey (oil, gas, geothermal, CO2 storage)
+$1.00b
Partyhigh

NZF: '$1 billion over the term of government' (3 yrs). Future royalties not counted.

Source
Te Pāti Māori+$300m
Kai sovereignty funds: Community Kai Fund, extra Matai Ahuwhenua innovation fund, seed funding for Maori supermarket chains ($100m each)
+$300m
Partymedium

Kai manifesto; with the $2.8bn Kai Credit forms the $3.1bn kai package (RNZ). Supermarket seed funding may be equity (capital).

Source
The Opportunity Party+$5.86b
Interest on up-to-$60b infrastructure borrowing
+$3.20b
Our estimatelow

TOP: $2.5-3.5b/yr interest at the full $60b, built up over 5-10 yrs. Method: linear $8b/yr drawdown (7.5-yr midpoint) at 5% (the midpoint of TOP's implied rate). Mid-year balances 4/12/20/28b give 0.2/0.6/1.0/1.4 = $3.2b over 4 yrs (range ~$2.6b for a 10-yr build to ~$4.3b for 5 yrs). Replaces TU's $12.0b, which assumes the full $60b is borrowed from day one.

Source
Breakthrough Economy spending: science, researchers, contestable funds, polytechs, incubators, overseas student-loan forgiveness, ComCom, FinCap
+$2.66b
Partymedium

TOP annual table: science 125, researchers 100, contestable 175, polytech 80+20, incubators 26.5, overseas loan forgiveness 95, ComCom 20, consumer advocacy 5, FinCap 20.

Source

Tags: Capital one-off spending that adds to debt rather than the annual deficit; Aspirational stated as a goal without a firm commitment; In current plans partly funded in Treasury's PREFU 2026 forecasts already. Change the filters above to include or exclude these.